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Energy Services News

  • February 25th, 2020

EUROPE POWER-Spot up on lower wind, nuclear supply while demand rises

European prompt power prices rose on Tuesday as German wind power output was forecast to drop sharply and the capacity available at French nuclear plants shrank, while usage increased due to colder weather.

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  • February 25th, 2020

UK GAS-Prices mixed as supply and demand rise, temperature falls

British wholesale gas prices were mixed early on Tuesday after supply from Norway and the UK Continental Shelf rose and colder weather increased gas use.

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  • February 25th, 2020

Oil prices rise on bargain-hunting; virus fears cap gains

Oil climbed on Tuesday as investors sought bargains after crude benchmarks slumped almost 4% in the previous session, although concerns about the coronavirus spreading out of China and curbing major economies and fuel demand capped gains.

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  • February 24th, 2020

UK GAS-Prices rise as low LNG send-out created undersupply

British wholesale gas prices rose on Monday morning as low send-out from liquefied natural gas (LNG) terminals created undersupply.

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  • February 24th, 2020

Oil prices slide on demand concerns as virus spreads globally

Oil prices tumbled by 3% on Monday, as the rapid spread of a coronavirus in several countries outside China left investors fretting about a hit to demand.

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  • February 21st, 2020

GLOBAL LNG-Asian LNG prices rise as buying interest jumps

Asian spot prices for liquefied natural gas (LNG) rose this week after five weeks of declines, as lower prices sparked cargo purchasing interest from various buyers. ›

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  • February 21st, 2020

EUROPE POWER-German spot jumps on expected drop in wind generation

European wholesale power prices for delivery early next week diverged on Friday as German contracts surged on a forecast fall in wind power generation while low demand pressured French prices. ›

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  • February 21st, 2020

UK GAS-Prices fall on demand drop, expectations of higher LNG sendout

British prompt wholesale gas prices fell on Friday, pressured by lower demand and expectations of higher liquefied natural gas (LNG) sendout after an outage at the South Hook terminal ends on Saturday. ›

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  • February 21st, 2020

Oil falls as coronavirus spread beyond China heightens demand fears

Oil prices fell on Friday amid concerns over fuel demand as the coronavirus epidemic spread further beyond China, while major crude producers stood pat on any early action to cut output to support the market. ›

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  • February 20th, 2020

UK GAS-Prices mostly rise on undersupply

British wholesale gas prices were mostly higher on Thursday morning due to an undersupplied system. ›

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