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Industry News from Energy Services

  • September 16th, 2019

UK GAS-Day-ahead price up on strong oil, within-day falls

British day-ahead prompt gas prices rose on colder weather and stronger oil prices after a weekend attack at a Saudi Aramco facility, while within-day traded lower on Monday.

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  • September 16th, 2019

Oil surges after attack on Saudi oil facilities shuts in 5% of global supply

Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the Gulf War in 1991, after an attack on Saudi Arabian oil facilities on Saturday shut over 5% of global supply.

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  • September 13th, 2019

UK GAS-Prompt prices rise on stronger gas-for-power demand

British wholesale gas prices rose on Friday morning, supported by an increase in gas-for-power demand and uncertainty around Opal pipeline flows and French nuclear reactors.

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  • September 13th, 2019

Oil slips on global demand fears despite U.S.-China trade talk hopes

Oil futures fell on Friday as concerns about global growth and slowing demand lingered despite hints of progress on U.S.-China trade talks, setting up prices for weekly losses after days of swinging back and forth.

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  • September 12th, 2019

UK GAS-Prices rise on French nuclear worries, Opal flows cut

British wholesale gas prices mostly rose on Thursday as uncertainty over the impact of a cut in flows through the Opal pipeline and French nuclear plant issues dominated the market.

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  • September 12th, 2019

Oil gains on signs of thaw in U.S.-China trade war, inventory fall

Oil prices rose on Thursday, recouping some of the heavy losses in the previous session, on signs of easing trade tensions between Washington and Beijing and a fall in U.S. crude stockpiles to their lowest in nearly a year.

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  • September 11th, 2019

EUROPE POWER-Curve extends gains, day-ahead prices lifted by fall in renewables

European forward electricity prices extended gains in wholesale trade on Wednesday, keeping momentum from the previous session, while day-ahead prices were lifted by a forecast fall in renewables generation and French nuclear power supply.

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  • September 11th, 2019

Oil climbs after bigger-than-expected fall in U.S. stockpiles

Oil prices traded higher on Wednesday after an industry report said U.S. crude stockpiles fell last week by more than twice the amount that analysts in a Reuters poll had forecast.

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  • September 10th, 2019

EUROPE POWER-Spot prices slip on forecast increase in renewables generation

European spot electricity prices for day-ahead delivery fell on Tuesday, weighed down by forecasts showing flat to lower consumption and increased wind and solar power generation.

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  • September 10th, 2019

Oil rises for fifth day on expectations of extended output cuts

Oil futures rose for a fifth day, rising to their highest in almost six weeks, on optimism that OPEC and other producing countries may agree to extend output cuts to support prices.

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