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Industry News from Energy Services

  • November 11th, 2019

EUROPE POWER-Week-ahead prices rise sharply on more French demand

European week-ahead power prices rose in Monday afternoon trading on projections for increasing French power usage as temperatures are dropping in a market exposed to electric heating demand.

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  • November 11th, 2019

UK GAS-Prices rise as coming cold wave seen lifting demand

Britain’s wholesale gas prices rose on Monday due to expectations for colder weather and consequently higher demand in coming days, with stronger carbon also lending support.

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  • November 11th, 2019

Worst winter likely for LNG as Asian prices to stay at seasonal low

Liquefied natural gas (LNG) spot prices in Asia have dropped to seasonal lows and could remain weak on expectations of a mild winter depressing demand for gas for heating, trade sources and analysts said.

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  • November 11th, 2019

Oil drops more than 1% on concern over U.S.-China trade war

Oil prices fell more than 1% on Monday amid concerns over the prospects of a trade deal between the United States and China, while worries about oversupply also weighed on the market.

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  • November 8th, 2019

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

The November 2019 edition of the Energy Services newsletter is now available! ›

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  • November 8th, 2019

UK GAS-Prompt prices rise as cold weather increases demand

Britain’s prompt gas prices rose on Friday as cold temperatures increased demand for gas-fired power, offsetting a rise in Norwegian imports and liquefied natural gas (LNG) supplies.

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  • November 8th, 2019

Oil falls amid doubts over U.S.-China trade deal, rising stockpiles

Crude oil futures fell on Friday amid lingering uncertainty on whether, and when, the United States and China will agree a long-awaited deal to end their bitter trade dispute, the gloom compounded by rising crude inventories in the United States.

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  • November 7th, 2019

Oil rebounds on fresh hopes for U.S.-China trade deal

Oil prices rose on Thursday amid new hints from China on progress towards a trade deal with the United States, offsetting downward pressure from a huge increase in U.S. crude stockpiles.

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  • November 6th, 2019

UK GAS-Prompt prices rise as cold weather lifts demand

Britain’s prompt gas prices rose on Wednesday as colder than previously forecast temperatures lifted demand, balancing the system and offsetting a rise in Norwegian imports and liquefied natural gas (LNG) supplies.

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  • November 6th, 2019

Oil falls after three-day rally on larger-than-expected U.S. crude build

Oil prices fell on Wednesday, pulled down by a larger-than-expected build in U.S. crude stocks, after gaining for three sessions on expectations of an easing in U.S.-China trade tensions.

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