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Industry News from Energy Services

  • January 14th, 2022

EUROPE GAS-Prices rise on lower Norwegian flows, colder weather outlook

British and Dutch gas prices rose on Friday morning on a colder weather outlook until mid-February and lower Norwegian flows. ›

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  • January 14th, 2022

Oil reverses losses on weak dollar, but China crude reserves sale looms

Oil futures reversed losses on Friday on a weaker dollar although an imminent release of crude reserves from top importer China capped price gains. ›

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  • January 13th, 2022

EUROPE GAS-Prices fall amid robust LNG supply

British and Dutch gas prices mostly fell on Wednesday due to robust liquefied natural gas supply and slightly higher temperatures to the end of the week. ›

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  • January 13th, 2022

Oil prices fall as global Omicron surge clouds fuel demand view

Oil prices slipped on Thursday, trimming big gains from the previous two sessions, amid uncertainty over near-term demand as cases of the highly contagious Omicron variant of the coronavirus surge around the globe. ›

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  • January 12th, 2022

EUROPE GAS-Prices diverge on mixed weather, profit-taking

Wholesale British gas prices rose on Wednesday morning, while Dutch prompt prices eased due to diverging demand day-ahead demand outlooks, but a colder outlook for next week and some profit-taking boosted prices for both markets. ›

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  • January 12th, 2022

Oil prices hold firm on hopes economic growth to support demand

Oil prices steadied on Wednesday after rising in the previous session on expectations that fuel demand will continue to strengthen as the U.S. Federal Reserve is likely to raise interest rates more slowly than expected. ›

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  • January 11th, 2022

EUROPE GAS-Prices drop as temperatures ease, LNG supply rises

British and Dutch wholesale gas prices fell on Tuesday morning, with milder temperatures expected in the short term and healthy supply due from several arrivals of liquefied natural gas (LNG) tankers this month. ›

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  • January 11th, 2022

Oil prices rise on renewed risk appetite, tight OPEC supply

Oil prices climbed on Tuesday, with investors regaining some risk appetite as they await clues from the U.S. Federal Reserve chairman on potential interest rate rises and as some oil producers continued to struggle to beef up output. ›

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  • January 10th, 2022

EUROPE GAS-Prices mostly up on weather outlook, lower wind output

British and near-term Dutch wholesale gas prices rose on Monday morning on lower wind output and the weather outlook while some longer-term contracts were down on healthy LNG supply. ›

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  • January 10th, 2022

Oil prices edge up on Kazakhstan, Libyan supply worries

Oil prices edged up on Monday as supply disruptions in Kazakhstan and Libya offset worries stemming from the rapid global rise in Omicron infections. ›

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