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Industry News from Energy Services

  • October 22nd, 2019

Oil slips as demand concerns outweigh U.S.-China trade optimism

Oil prices edged lower on Tuesday as lingering worries over a global economic slowdown that could hurt demand offset some signs of progress in U.S.-China trade talks.

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  • October 21st, 2019

EUROPE POWER-Curve driven by carbon, coal prices to near-month high

European baseload electricity prices for year-ahead delivery rose to close to a month high on Monday, supported by firmer coal and carbon emissions permit prices, while day-ahead delivery contracts were mixed.

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  • October 21st, 2019

UK GAS-Day-ahead falls as Norwegian imports oversupply system

The British day-ahead gas price fell on Monday as a rise in imports from Norway, caused by a boost in flows via Langeled, the largest pipeline between the two countries, oversupplied the system.

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  • October 21st, 2019

Oil prices steady as investors weigh demand concerns

Oil prices largely held steady on Monday, recouping some early losses as investors took stock of global economic pressures that could impact oil demand.

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  • October 18th, 2019

EUROPE POWER-Monday prices rise on tightening wind supply in Germany

Forecasts for lower wind supply in Germany next week boosted wholesale power market prices for Monday in Friday trading, and fundamentals in the interconnected region tightened on rising demand in France.

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  • October 18th, 2019

UK GAS-Prompt prices soar as outages curb supply

Prompt British wholesale gas prices soared on Friday morning as a series of unplanned outages at gas sites reliant on the Forties pipeline system left the market undersupplied.

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  • October 18th, 2019

Energy Services (Business Power) Ltd – October 2019 Energy Newsletter

The October 2019 edition of our Energy Newsletter is now available! ›

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  • October 18th, 2019

Energy Services (Business Power) Ltd – September 2019 Energy Newsletter

Our September 2019 Energy Newsletter is now available! ›

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  • October 18th, 2019

Oil ebbs as China’s slowest GDP growth in almost three decades stokes demand fears

Oil prices slid on Friday on jitters over demand from China after the world’s largest oil importer recorded its weakest quarter of economic growth in nearly three decades, dragged down by a trade dispute with the United States.

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  • October 17th, 2019

EUROPE POWER-Prompt down on expectations for more supply, less demand

Prospects of rising wind power volumes and of France emerging out of a two-day utility workers’ strike that curbed capacity raised European day-ahead power prices on Thursday, while demand eased across the region.

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