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Energy Services News

  • August 3rd, 2021

UK GAS-Prices decline on correction, higher Norwegian flows

British wholesale gas prices declined on Tuesday morning as flows increased from Norway and prices corrected after gains on Monday.

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  • August 3rd, 2021

Oil prices slip, rebound runs out of steam on demand worries

Crude oil prices reversed course after an early bounce on Tuesday, as concerns over coronavirus curbs combined with slowing factory activity in key markets weighed on sentiment.

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  • August 2nd, 2021

EUROPE POWER-Spot prices surge on low wind supply

European wholesale spot power prices jumped on Monday on a forecast drop in wind supply throughout the region.

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  • August 2nd, 2021

UK GAS-Prices rise on low wind power and supply dip

British wholesale gas prices rose on Monday morning as forecasts for low output from the country’s wind farms led to increased demand for power from gas-fired plants while both domestic supply and imports from Norway fell.

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  • August 2nd, 2021

Oil prices fall on worries over China economy and higher crude output

Oil prices fell on Monday on worries over China’s economy after a survey showed growth in factory activity slipped sharply in the world’s second-largest oil consumer, with concerns compounded by a rise in oil output from OPEC producers.

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  • July 30th, 2021

UK GAS-Prices mostly down on correction, increased supply

British wholesale gas prices were mostly down on Friday morning as prices corrected gains over the past week and Norwegian imports increased. ›

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  • July 30th, 2021

Oil prices drop, but on track for weekly gain

Oil prices fell on Friday but remained on track to post steep weekly gains with demand growing faster than supply, while vaccinations are expected to alleviate the impact of a resurgence in COVID-19 infections across the globe. ›

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  • July 29th, 2021

UK GAS-Day-ahead prices touch fresh 3-year high on outages, weak nuclear power

Day-ahead British wholesale gas prices rose to a fresh three-year high on Thursday morning as lower supply due to outages coincided with strong demand from gas-fired power plants amid low  output from the country’s nuclear plants. ›

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  • July 29th, 2021

Oil edges higher on inventory drawdowns, Brent tops $75 a barrel

Oil prices rose on Thursday as crude stockpiles in the United States, the world’s top oil consumer, fell to their lowest since January 2020, with Brent crude oil prices pushing back past $75 a barrel. ›

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  • July 28th, 2021

UK GAS-Prices rise on lower Norwegian, domestic flows

British wholesale gas prices rose on Wednesday morning, as Norwegian and domestic flows were reduced due to outages. ›

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