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Industry News from Energy Services

  • May 10th, 2016

UK Gas – More gas from Norway, healthy LNG supply weigh on prices

British wholesale gas prices fell on Tuesday morning as higher deliveries from Norway and Britain’s liquefied natural gas (LNG) terminals left the system oversupplied. ›

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  • May 10th, 2016

Oil Trades Near $44 as U.S. Supply Gain Seen as Least in a Month

Oil swung between gains and losses as U.S. stockpiles are forecast to expand by the least since a loss a month ago and after Canadian producers began the process of restarting operations after wildfires. ›

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  • May 9th, 2016

UK Gas – Prices rise on lower supply, increased demand

British wholesale gas prices rose on Monday morning due to increased demand on expectations of cooler temperatures this week and lower Norwegian imports. ›

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  • May 5th, 2016

UK Gas – Prices rise as imports from Norway drop

British prompt gas prices rose on Thursday morning as imports from Norway dropped, while gas prices further along the curve were buoyed by higher oil. ›

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  • May 5th, 2016

Oil jumps on Canadian wildfire, Libyan fighting

Oil prices jumped on Thursday as a huge wildfire in Canada disrupted oil sands production, while escalating fighting in Libya threatened the North African nation’s output. ›

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  • May 4th, 2016

UK Gas – Prices fall on oversupplied system, rising temperatures

British spot gas prices fell on Wednesday as rising temperatures were set to reduce demand already curbed by outage at the country’s main gas storage site. ›

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  • May 4th, 2016

Oil edges up as Canadian wildfire reduces oil sands production

Oil prices edged up on Wednesday as an uncontrolled wildfire near Canada’s oil sands region reduced production there, but overall markets were weighed down by slowing economic growth in Asia and the United States. ›

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  • May 3rd, 2016

UK Gas – Prompt prices fall on warm weather, Rough outage

British spot gas prices fell on Tuesday morning, as warm weather and an outage at the country’s main gas storage site curbed demand. ›

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  • May 3rd, 2016

Oil prices rise as dollar slips to 18-month low against yen

Oil prices rose by more than 1 percent on Tuesday as the dollar slipped to an 18-month low against the yen, potentially spurring fuel demand, although gains were restricted by rising Middle East output that renewed concerns of a global supply overhang. ›

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  • May 1st, 2016

Energy Services May 2016 Newsletter

The Energy Services May 2016 newsletter is now ready to view. ›

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