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Industry News from Energy Services

  • January 26th, 2018

UK GAS-Prices slightly higher despite oversupply

British wholesale gas prices were slightly higher on Friday morning on expectations of colder weather even though the system was oversupplied. ›

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  • January 26th, 2018

Oil firms as dollar falls further, but weaker crude demand looms

Oil prices reversed earlier falls on Friday as ongoing weakness in the U.S. dollar was seen supporting fuel consumption. ›

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  • January 25th, 2018

UK day-ahead power prices rebound as wind set to halve Friday

The UK day-ahead power price surged on a forecast halving in wind output for Friday’s peak hours. ›

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  • January 25th, 2018

UK GAS-Prices fall on mild weather and high wind output forecasts

British wholesale gas prices fell on Thursday as mild temperatures and expectations for high wind output reduced demand. ›

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  • January 25th, 2018

EUROPE POWER- European day-ahead power prices up on lower wind generation

European spot electricity prices for day-ahead delivery posted strong gains on Thursday as forecasts showed wind power generation plunging day-on-day, while consumption will rise in France due to cold weather. ›

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  • January 25th, 2018

Oil hits $71 for first time since 2014 on tighter supply and weak dollar

Oil hit $71 a barrel on Thursday for the first time since 2014, supported by OPEC-led supply curbs, a record-breaking run of declines in U.S. crude inventories and a weaker U.S. dollar. ›

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  • January 24th, 2018

EUROPE POWER-Forecast fall in wind output lifts spot electricity prices

European spot electricity prices for day-ahead delivery soared on Wednesday on the back of a forecast slump in power generation from renewable wind turbines, while week-ahead contracts fell on a mild weather outlook. ›

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  • January 24th, 2018

UK GAS-Prices dip on high wind output, mild temperatures

British prompt gas prices fell on Wednesday morning, as forecasts of high output from the country’s wind farms and mild temperatures for the time of year curbed demand. ›

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  • January 24th, 2018

Oil dips on higher U.S. fuel stocks, but overall market remains supported

Oil prices fell on Wednesday, weighed by data showing an increase in U.S. crude oil and gasoline inventories. ›

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  • January 23rd, 2018

EUROPE POWER-European day-ahead power prices slump on higher wind output

European spot electricity prices for day-ahead delivery tumbled in the wholesale market on Tuesday on an expected increase in wind power generation, while consumption was forecast to fall. ›

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