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Industry News from Energy Services

  • November 29th, 2019

UK GAS-Prompt prices rise as temperatures turn cooler

Prompt British wholesale gas prices rose on Friday morning as cooler temperatures led to an increase in gas demand.

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  • November 29th, 2019

Oil mixed amid slow holiday trade before OPEC+ meeting

Oil prices were mixed on Friday in quiet trade with the U.S. Thanksgiving holiday limiting activity, while investors awaited a meeting of OPEC and its allies next week that may result in the extension of an output cut agreement to support the market.

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  • November 28th, 2019

EUROPE POWER-Spot prices up as wind, nuclear output drops, French demand rises

Wholesale electricity contracts for day-ahead delivery rose in European wholesale trading on Thursday, lifted by higher demand and less nuclear availability in France, and with German wind power supply forecast to drop.

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  • November 28th, 2019

UK GAS-Most prices edge lower on expectation of milder cold spell

Most British wholesale gas prices edged lower on Thursday morning as a cold spell coming to the country on Friday is expected to be shorter and warmer than predicted earlier.

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  • November 28th, 2019

Oil falls for a second day amid rising U.S. inventories, output

Oil prices fell for a second day on Thursday after official data showed U.S. crude and gasoline stocks rose against expectations as production hit a record.

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  • November 27th, 2019

UK GAS-Prices edge up as supplies, temperatures dip

British wholesale gas prices edged higher on Wednesday as supplies dipped slightly, leading to an undersupplied market, while lower temperatures were forecast.

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  • November 27th, 2019

Oil gains, bolstered again by U.S.-China trade talks

Oil prices rose on Tuesday after news that U.S. and Chinese officials discussed trade, while predictions for a weekly draw on U.S. crude stockpiles lent some support as well.

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  • November 26th, 2019

UK GAS-Prices drop on strong pipeline and LNG supply

British wholesale gas prices dropped on Tuesday morning due to strong domestic production, a rise in Norwegian flows and a flurry of liquefied natural gas (LNG) cargo arrivals.

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  • November 26th, 2019

Oil prices slip as U.S.-China trade deal talks seek breakthrough

Oil prices slipped on Tuesday on concerns about economic growth and fuel demand as uncertainty remains about the ability of the United States and China, the world’s biggest oil users, to agree a preliminary deal to end their trade war.

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  • November 25th, 2019

EUROPE POWER-Next week prices rise, expected cold to lift French demand

European wholesale power trading markets on Monday saw prices for delivery next week rise sharply on an anticipated decline in temperatures that will boost French demand and draw on imports from elsewhere.

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