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Industry News from Energy Services

  • March 15th, 2018

UK GAS-Prices rise on lower weekend temperatures

British wholesale gas prices rose on Thursday on expectations of a several degree drop in temperatures by the weekend. ›

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  • March 15th, 2018

Oil prices stable on healthy demand, but oversupply worries loom

Oil prices seesawed on Thursday, supported by healthy global demand but at the same time held back by a relentless rise in U.S. production that is undermining efforts led by producer cartel OPEC to cut supplies and prop up markets. ›

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  • March 14th, 2018

UK GAS-Prices fall on firm Norwegian supplies, mild weather

British wholesale gas prices fell on Wednesday on strong supplies from Norway and warmer weather expected later in the month following cold snap two weeks ago. ›

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  • March 14th, 2018

Oil stable on strong China data, but rising U.S. output caps gains

Oil prices were stable on Wednesday after posting two days of declines at the start of the week, with support largely coming from strong China data that implies higher future imports, while the relentless rise in U.S. crude output capped gains. ›

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  • March 13th, 2018

UK GAS-Prices fall on mild weather and strong wind

British wholesale gas prices fell on Tuesday, correcting gains made the previous day, and as mild temperatures and strong wind curbed gas demand. ›

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  • March 13th, 2018

Oil prices dip on relentless rise in US crude output

Oil prices dipped on Tuesday, extending losses from the previous session, as the inexorable rise in U.S. crude output weighed on markets. ›

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  • March 12th, 2018

UK NBP spot natural gas price jumps on weaker Dutch production, cold snap due

UK wholesale natural gas pricing posted solid gains Monday morning as a combination of weaker Dutch gas production allied to temperatures set to fall in the short-term boosted bullish sentiment in the market. ›

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  • March 12th, 2018

EUROPE POWER-Spot and week-ahead power prices jump on cold weather forecast

European day-ahead electricity prices and contracts for next week delivery rose sharply on Monday on the back of forecasts showing a rise in consumption due to cold weather which is expected to extend into next week. ›

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  • March 12th, 2018

UK GAS-Prices soar on cooler weather forecasts, low storage levels

British wholesale gas prices soared on Monday morning as updated weather forecasts predicted colder temperatures to come, while storage stocks remain depleted. ›

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  • March 12th, 2018

Oil, briefly up on lower rig counts, falls on U.S. output outlook

Oil prices fell on Monday on expectations that U.S. output will rise this year, erasing earlier gains buoyed by lower weekly U.S. rig counts and falling U.S. unemployment. ›

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