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Industry News from Energy Services

  • December 23rd, 2020

Energy Services (Business Power) Ltd – December 2020 Energy Newsletter

The December 2020 edition of the Energy Services newsletter is now available! ›

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  • December 23rd, 2020

Oil drops on surprise U.S. stock build, Trump threat to stimulus bill

Oil prices dropped on Wednesday after an industry report showed an unexpected rise in U.S. crude oil inventories, and as President Donald Trump rattled markets by threatening not to sign a long-awaited U.S. COVID-19 relief bill. ›

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  • December 22nd, 2020

UK GAS-Prices rise on colder weather, lower LNG supply

British wholesale gas prices rose on Tuesday morning, lifted by forecasts for colder weather from tomorrow and lower liquefied natural gas send-out. ›

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  • December 22nd, 2020

Oil plunges as new coronavirus strain renews demand recovery fears

Oil prices dropped nearly 2% on Tuesday, adding to steep losses from the previous session, as a new strain of the novel coronavirus in the United Kingdom triggered concerns over fuel demand recovery. ›

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  • December 21st, 2020

UK GAS-Prices rise on colder weather, lower wind forecasts

British wholesale gas prices rose on Monday morning due to an expected rise in gas demand from power plants amid lower wind output and colder weather forecasts. ›

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  • December 21st, 2020

Oil falls $2 as new virus strain sparks demand worries

Oil prices tumbled by $2 on Monday, as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe sparked worries about a slower recovery in fuel demand. ›

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  • December 18th, 2020

Oil slips as surge in COVID-19 cases threatens demand

Oil prices slid from nine-month highs on Friday, with soaring COVID-19 cases seen as a threat to near-term fuel demand and a strengthening of the U.S. dollar also having a negative impact.

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  • December 17th, 2020

Oil prices climb to nine-month high after inventory draw

Oil climbed to a nine-month high on Thursday after government data showed a fall in U.S. crude stockpiles last week, while progress towards a U.S. fiscal stimulus deal and strong Asian demand also buoyed prices.

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  • December 16th, 2020

UK GAS-Gas prices ease on lower demand, higher Norway flows

British wholesale gas prices eased off their up to two-year highs on Wednesday, triggered by surging prices for liquefied natural gas (LNG) and emissions, with bearish fundamentals finding a stronger foothold.

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  • December 16th, 2020

Oil prices fall on surprise build in U.S. stocks, demand anxiety

Oil prices fell on Wednesday on a surprise gain in crude oil inventories in the United States and on persistent investor worries about demand for fuel being squeezed amid tighter lockdowns in Europe to counter the coronavirus pandemic.

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