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Industry News from Energy Services

  • April 29th, 2016

UK Gas – Spot prices drop as milder temperatures temper demand

British gas prices fell on Friday as consumption levels declined in line with slightly milder temperatures and an adequately supplied transmission network. ›

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  • April 28th, 2016

UK Gas – Prices fall on warmer weather outlook, weaker oil

British gas prices fell on Thursday morning on falling oil prices and expectations that a cold snap driving demand well above seasonal norm would end this week. ›

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  • April 28th, 2016

Oil Trades Near $45 as U.S. Production Declines to 18-Month Low

Oil traded near the highest close in more than five months after a further drop in U.S. crude production, as lower prices take their toll on the nation’s shale boom. ›

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  • April 27th, 2016

Oil prices jump on weak dollar, strong investor appetite

Crude oil futures rose around half a dollar on Wednesday and remained near 2016 highs on the back of strong investor sentiment and a weak dollar, although analysts warned this month’s bull-run could soon run out of steam. ›

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  • April 26th, 2016

UK GAS-Prices rise on surging demand, supply disruptions

British wholesale gas prices rose on Tuesday as demand surged and some supplies were disrupted. ›

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  • April 26th, 2016

Oil prices edge up but concerns over Saudi output cap gains

Crude futures edged up on Tuesday due to a weaker dollar and hopes for an easing of the global oil glut, although gains were capped by concerns that a battle for market share between Saudi Arabia and Iran could intensify further. ›

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  • April 25th, 2016

UK Gas – Prompt prices fall as high imports meet strong demand

British prompt gas prices fell on Monday as imports from Norway and liquefied natural gas (LNG) supplies remained strong, leaving the market oversupplied, despite strong demand amid cool weather. ›

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  • April 25th, 2016

Oil Retreats From 5-Month High as Global Surplus Seen Persisting

Oil retreated from the highest close in five months amid signs a global glut will be prolonged as Middle East producers boost supplies. ›

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  • April 22nd, 2016

UK Gas – Prompt British gas prices fall as supply disruptions ease

British spot gas prices fell on Friday morning as supply disruptions eased, leaving the market almost balanced. ›

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  • April 21st, 2016

UK wholesale natural gas prices bullish on short system, oil gains

UK wholesale natural gas prices turned bullish on the open Thursday as the UK gas system was seen short, with further support offered for the NBP curve as oil prices rose further in overnight trade. ›

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