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Industry News from Energy Services

  • September 30th, 2019

UK GAS-Prices mixed as imports from Norway rise but temperatures cool

Prompt British wholesale gas prices were mixed on Monday morning, as gas for immediate delivery was lower on higher imports from Norway.

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  • September 30th, 2019

Oil prices fall as China’s economic outlook still weak

Oil prices slipped on Monday as China’s economic outlook remained weak even as manufacturing data improved as an ongoing trade war with the United States weighs on demand growth at the world’s largest crude importer.

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  • September 27th, 2019

UK GAS-Prices rise as fall in Norway imports lead to undersupply

British wholesale gas prices rose as a fall in imports from Norway left the market undersupplied and as demand climbed due to lower temperatures than previously forecast.

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  • September 27th, 2019

Oil sinks amid threats to demand growth, fading Saudi supply concerns

Oil prices fell on Friday as economic headwinds revived concerns of slowing global demand growth and a faster-than-expected recovery in Saudi crude oil output eased worries over potential major supply disruptions.

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  • September 26th, 2019

UK GAS-Prices mixed in oversupplied market

British gas prices were mixed on Thursday, with the day-ahead contract lifted by cooler weather forecasts and the within-day contract down on oversupply.

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  • September 26th, 2019

Oil slips on weak demand outlook, returning Saudi supply

Oil prices edged lower on Thursday, extending losses from the previous two sessions, as Saudi Arabia quickly regained production volumes after an attack on its oil facilities and amid increasing signs of slowing demand. ›

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  • September 25th, 2019

EUROPE POWER-Increased wind and nuclear generation weighs on spot prices

European prompt electricity prices for day-ahead delivery slid on Wednesday on the back of forecasts showing a slip in French demand, increased nuclear power availability, and a sharp rise in German wind generation.

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  • September 25th, 2019

UK GAS-Prompt prices fall with LNG rising, swelling Dutch gas spread

British prompt wholesale gas prices fell on Wednesday with supplies boosted by the distribution of gas from liquefied natural gas (LNG) from terminals in anticipation of the arrival of more cargoes, widening the discount to Dutch gas prices.

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  • September 25th, 2019

Oil falls for second day after Trump douses trade talk optimism

Oil prices fell on Wednesday for a second day on worries that fuel demand could fall after U.S. President Donald Trump doused recent optimism over China-U.S. trade talks and reignited concerns about global economic growth.

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  • September 24th, 2019

EUROPE POWER-Spot supported by steady German demand, fall in solar output

European spot electricity prices for day-ahead delivery rose on Tuesday, supported by steady consumption and a drop in solar power generation in Germany.

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