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Industry News from Energy Services

  • January 23rd, 2018

UK GAS-Prices mixed as colder forecast helps lift some contracts

British wholesale gas prices were mixed on Tuesday as colder weather forecasts lifted some contracts, while gas for immediate delivery fell in response to near-term oversupply due to weakening demand. ›

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  • January 23rd, 2018

Oil rises on IMF economic growth outlook, OPEC-Russian supply curbs

Oil prices rose on Tuesday, lifted by healthy economic growth as well as the ongoing supply curtailments by a group of exporters including OPEC and Russia. ›

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  • January 22nd, 2018

EUROPE POWER-Day-ahead up on tighter supply, week 2 up on cooler trend

European wholesale power prices for next day delivery rose on Monday, along with those for the week starting Feb. 5, due to bullish weather and demand patterns that overrode comfortable thermal supply in mid-winter. ›

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  • January 22nd, 2018

UK GAS-Prices decline due to milder temperatures, wind output

British wholesale gas prices declined on Monday morning as milder temperatures forecast for this week and strong wind output reduced demand. ›

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  • January 22nd, 2018

Oil rises as Saudi Arabia says producers will cooperate beyond 2018

Oil prices climbed on Monday, pushed higher by comments from Saudi Arabia that cooperation between oil producers who are withholding supplies would continue beyond 2018. ›

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  • January 19th, 2018

UK GAS-Prompt prices mixed as weather dominates

British prompt gas prices were mixed on Friday, with undersupply buoying the within-day contract and milder weather forecasts depressing the day-ahead price. ›

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  • January 19th, 2018

Oil prices fall as U.S. output rise outweighs crude stock falls

Oil prices slid on Friday, putting them on course for the biggest weekly falls since October, as a bounce-back in U.S. production outweighed ongoing declines in crude inventories. ›

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  • January 18th, 2018

EUROPE POWER-Day-ahead spot gains on drop in wind power generation

European spot power prices for day-ahead delivery rose in the wholesale market on Thursday, buoyed by forecasts showing a sharp fall in wind electricity generation and increased demand in France because of cold weather. ›

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  • January 18th, 2018

UK GAS-Prices fall as wind power output remains strong

British wholesale gas prices fell on Thursday as strong wind power output helped reduce the call on gas-fired power plants. ›

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  • January 18th, 2018

Oil stable on threats of rebel attacks in Nigeria, falling U.S. crude stocks

Oil prices were stable on Thursday, supported by tighter inventories of crude as well as rebel threats of an attack on Nigeria’s petroleum industry, but the market was weighed down by a reported rise in U.S. fuel stocks. ›

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