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Industry News from Energy Services

  • October 12th, 2021

EUROPE GAS-Prices rise as colder temperatures loom

British and Dutch wholesale gas prices rose on Tuesday morning as forecasts for cooler temperatures stoked demand and ongoing fears over supply lifted the market. ›

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  • October 12th, 2021

Oil rises for fourth day amid energy crunch

Oil prices reversed early losses to extend gains on Tuesday into a fourth day amid a rebound in global demand that is contributing to energy shortages in major economies. ›

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  • October 11th, 2021

EUROPE GAS-Prices reverse previous losses on colder weather outlook

British and Dutch wholesale gas prices rose on Monday morning, reversing previous losses on Friday, on forecasts of colder weather. ›

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  • October 11th, 2021

Crude jumps on global energy crunch; U.S. oil at 7-year high

Oil prices surged again on Monday, extending multiweek gains as an energy crisis gripping major economies shows no sign of easing amid a pick up in economic activity and restrained supplies from major producers. ›

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  • October 8th, 2021

EUROPE GAS-Prices recoup some losses on higher demand expectations

British and Dutch wholesale gas prices rose on Friday trade, partially recouping sharp losses in the previous session, on expectations of higher demand for heating and supply concerns. ›

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  • October 8th, 2021

Oil up as industries switch from gas, little sign supply crunch easing

Oil prices rose on Friday, and were on track for gains of nearly 5% this week, on signs some industries have begun switching fuel from high-priced gas to oil and on doubts the U.S. government would release oil from its strategic reserves for now. ›

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  • October 7th, 2021

EUROPE GAS-Prices extend losses in highly volatile market

Dutch and British wholesale gas prices on Thursday extended sharp losses from the previous day, responding to comments from Russian leaders who offered to increase supplies to help to stabilise the gas market. ›

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  • October 7th, 2021

Oil falls for 2nd session on unexpected rise in U.S. inventories

Oil prices dropped for a second session on Thursday, under pressure from an unexpected rise in U.S. crude stocks that raised concerns over demand after prices rallied to multi-year highs. ›

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  • October 6th, 2021

EUROPE GAS-Prices extend record highs on energy rally, low wind, cold

Dutch and British wholesale gas prices extended record highs on Wednesday morning, in line with rallying energy markets, and as forecasts of lower wind and cooler weather lift demand and  supply remains scarce. ›

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  • October 6th, 2021

U.S. oil rises to highest since 2014 amid global energy crunch

U.S. oil prices rose for a fifth day on Wednesday to their highest since 2014 amid global concerns about energy supply on signs of tightness in crude, natural gas and coal markets. ›

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