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Industry News from Energy Services

  • January 19th, 2024

Gas: Prices mixed on weather forecasts

Dutch and British wholesale gas prices were mixed on Friday morning, as milder weather next week weighed on shorter-ended contracts but colder forecasts further out supported the front month. ›

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  • January 19th, 2024

Oil prices tick up as markets weigh Middle East tensions, supply forecasts

Oil prices rose on Friday as geopolitical tensions and oil output disruptions in the U.S., the world’s biggest producer, caused by cold weather overshadowed concerns about slow Chinese demand growth and forecasts for ample supply. ›

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  • January 18th, 2024

Gas: Prices edge up after bearish start to the week

Dutch and British wholesale gas prices edged up on Thursday morning on technical buying after falling previously this week and on colder temperatures forecast for north-west Europe tomorrow. ›

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  • January 18th, 2024

Oil up on OPEC demand estimate, Mideast tensions and US output

Oil prices rose on Thursday as OPEC forecast relatively strong growth in global oil demand over the next two years, while the market also eyed disrupted U.S. oil production amid a cold blast and tensions in the Middle East. ›

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  • January 17th, 2024

Gas: Prices down on milder temperature forecasts, strong supply

Dutch and British wholesale gas prices were down on Wednesday morning for the third day in a row on strong supply and as forecasts of milder weather was expected to curb gas demand for heating. ›

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  • January 17th, 2024

Oil falls as China’s economic recovery disappoints, dollar strengthens

Oil fell more than $1 on Wednesday as economic growth in China, the world’s second-largest crude user, slightly missed expectations, raising concerns about future demand, while U.S. dollar strength dented investor’s risk appetite. ›

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  • January 16th, 2024

Gas: Prices edge lower on strong supply, milder temperature forecasts

Dutch and British gas prices edged lower on Tuesday morning as strong supply an expectations of milder temperatures weighed on prices. ›

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  • January 16th, 2024

Oil prices mixed amid economic concerns, Red Sea issues

Oil prices were mixed on Tuesday, after posting losses the previous session, as broad economic concerns outweighed continued tensions in the Middle East that led to more tanker diversions. ›

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  • January 11th, 2024

Gas: Prices down on strong supply and inventories

Dutch and British gas wholesale prices fell on Thursday for the fourth day in a row on healthy inventories and strong supply while lower renewables generation kept losses in check. ›

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  • January 11th, 2024

Oil inches higher as Middle East tensions heat up

Oil prices edged higher on Thursday on concerns about escalating conflict in the Middle East with more attacks on Gaza and on shipping in the Red Sea, even as a surprise build in U.S. crude stockpiles capped gains. ›

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