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Industry News from Energy Services

  • October 23rd, 2017

EUROPE POWER-Day-ahead prices up on cold, news of delayed reactors

European prompt power prices on Monday rose in the wholesale market on news of delayed nuclear reactor restarts in France which tightened supply and with colder weather arriving in the region. ›

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  • October 23rd, 2017

Oil stable on slightly tighter market, strong demand

Oil prices were stable on Monday, supported by supply concerns in the Middle East and declining U.S. drilling activity, although analysts warned that the United States market may not be tightening by as much as expected. ›

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  • October 20th, 2017

UK GAS-Prices rise due to lower supply, higher exports

British wholesale gas prices rose on Friday morning due to higher exports to continental Europe and lower supplies. ›

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  • October 20th, 2017

Oil rises on tighter fundamentals, but China warning holds back market

Oil prices rose on Friday, supported by signs of tightening supply and demand fundamentals, although a warning about excessive China economic optimism still weighed somewhat on markets. ›

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  • October 19th, 2017

UK GAS-Prices edge lower on weaker demand; softer coal, power markets

British wholesale gas prices fell on Thursday as weaker demand left the system oversupplied, with bearish sentiment reinforced by weaker coal and power prices. ›

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  • October 19th, 2017

EUROPE POWER-German curve off highs, looks to coal, French market for direction

German year-ahead electricity prices hit their highest levels in three years and nine months in early trade on Thursday but reversed direction with the related coal market and on spillover effects from sell-offs on the French power curve. ›

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  • October 19th, 2017

Oil steadies on tighter U.S. market, expected OPEC cuts

Oil prices steadied on Thursday, holding onto most recent gains, supported by OPEC-led supply cuts, tension in the Middle East and lower U.S. production. ›

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  • October 18th, 2017

EUROPE POWER-Renewables weigh on spot power prices, curve nears recent high

European prompt electricity prices for day-ahead dispatch slipped on Wednesday, weighed down by forecasts of higher power generation from wind and solar sources. Year-ahead prices were close to recent highs, lifted by fuels and carbon. ›

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  • October 18th, 2017

UK GAS-Prices rise on undersupply, lower imports

British wholesale gas prices edged higher on Wednesday morning as a dip in imports from Norway led to a slightly undersupplied system. ›

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  • October 18th, 2017

Oil prices rise on tighter US market, Middle East tensions

Oil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in the Middle East could disrupt supplies. ›

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