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Industry News from Energy Services

  • August 22nd, 2019

EUROPE POWER-German spot rises on lower wind supply, curve loses ground

German prompt power prices firmed in wholesale market trading on Thursday as wind volumes looked set to fall, while forward contracts sagged along with weaker coal and carbon prices. ›

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  • August 22nd, 2019

Oil prices fall on economic worries after U.S. fuel stocks climb

Oil prices dipped on Thursday, paring earlier gains, weighed down by worries about the global economy and bigger-than-expected builds in oil product inventories in the United States, the world’s biggest oil consumer.

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  • August 22nd, 2019

UK GAS-Prices rise as Norwegian imports fall ahead of maintenance

British wholesale gas prices rose on Thursday morning as imports from Norway fell ahead of expected maintenance and unplanned outages continued to curb domestic supplies.

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  • August 21st, 2019

UK GAS-Prices strengthen as gas field outage extended

British wholesale gas prices rose on Wednesday, despite an oversupplied market, as an unplanned outage at a gas field was extended.

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  • August 21st, 2019

Brent oil prices rise above $60, buoyed by U.S. stock drawdown

Brent crude oil futures rose above $60 a barrel on Wednesday after industry data showed a larger-than-expected drop in U.S. crude inventories, but ongoing worries about a possible global recession capped gains.

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  • August 20th, 2019

UK GAS-Prices rise on unplanned outage, lower wind output

British wholesale gas prices rose on Tuesday morning due to an unplanned outage at a gas field and lower wind output than the previous day.

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  • August 20th, 2019

Oil prices rise on stimulus hopes, trade optimism

Crude oil prices edged up on Tuesday on optimism U.S.-China trade tensions will ease and on hopes major economies will take stimulus measures to ward off a potential economic slowdown that could hit oil demand.

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  • August 19th, 2019

UK GAS-Prices mixed on oversupply, wind power output

British prompt prices were mixed on Monday morning, with the within-day falling due to an oversupplied system and the day-ahead higher on forecasts for weaker wind output.

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  • August 19th, 2019

Oil rises more than 1% after drone attack on Saudi field

Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists and as traders looked for any signs that Sino-U.S. trade tensions could ease.

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  • August 16th, 2019

UK GAS-Prompt prices rise on pending Norwegian maintenance

British gas prices rose in early trade on Friday supported by upcoming maintenance in Norway.

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