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Energy Services News

  • January 10th, 2020

Oil prices fall further as threat of Middle East war recedes

Oil prices dropped on Friday extending days of losses as the threat of war in the Middle East receded and investors switched attention to economic growth prospects and the rise in U.S. crude oil and product inventories.

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  • January 9th, 2020

EUROPE POWER-Prompt prices mixed on strike, wind and demand patterns

Spot power prices diverged in the European wholesale market on Thursday with France rising on strike action and higher demand while German prices fell due to increased wind power supply.

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  • January 9th, 2020

Oil steadies a day after Iranian missile strike knocks prices

Oil prices steadied on Thursday a day after tumbling on concerns raised by an Iranian missile strike on Iraqi bases hosting U.S. forces.

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  • January 8th, 2020

UK GAS-Higher consumption lifts some prompt prices

British wholesale gas prices were mixed on Wednesday morning, with higher demand supporting some of the prompt contracts.

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  • January 8th, 2020

Oil prices shed gains as alarm over Iran rocket strike fades – for now

Oil prices steadied 1% higher on Wednesday, well below peaks hit in frenzied trading earlier in the day after a rocket attack by Iran on American forces in Iraq raised the specter of a spiraling Mideast conflict and disruption to crude flows.

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  • January 7th, 2020

EUROPE POWER-More wind, less demand curb prompt prices

European spot electricity prices fell on Tuesday on lower demand, rising wind power production in main producer Germany, and slightly higher nuclear availability in France.

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  • January 7th, 2020

UK GAS-Prices down on higher LNG supply, weakened demand

British wholesale gas prices mostly fell on Tuesday morning due to higher liquefied natural gas send-out and weaker consumption.

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  • January 7th, 2020

Oil tumbles as investors rethink Mideast disruption risk

Oil prices on Tuesday surrendered some gains made over the previous two days as investors reconsidered the likelihood of Middle East supply disruptions in the wake of the United States killing a top Iranian military commander.

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  • January 6th, 2020

UK GAS-Prices edge higher as LNG, supply from Norway dips

British wholesale gas prices edged higher on Monday morning as supply from Norway and British liquefied natural gas (LNG) terminals fell, while the curve was lifted by rising oil prices.

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  • January 6th, 2020

Oil prices climb 2% as Iran, Trump trade threats

Oil prices rose a further 2% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after the killing of a top Iranian general.

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