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Energy Services News

  • January 3rd, 2020

UK GAS-Prices rise on higher consumption levels

British wholesale gas prices rose on Friday morning as consumption increased, rebounding from losses the previous day. ›

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  • January 3rd, 2020

Brent jumps almost $3 after U.S. air strike on Baghdad airport

Brent crude futures jumped nearly $3 on Friday after a U.S. air strike in Baghdad killed top Iranian and Iraqi military commanders, sparking concerns of disruption to Middle East oil supplies. ›

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  • January 2nd, 2020

EUROPE POWER-Day-ahead prices drop sharply ahead of wind surge

European prompt electricity prices for day-ahead delivery fell sharply in wholesale market trading on Thursday, as wind volumes in main producer country Germany were forecast to more than double by Friday.

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  • January 2nd, 2020

UK GAS-Prompt prices fall as strong LNG output leads to oversupply

Prompt British wholesale gas prices fell on Thursday morning as strong liquefied natural gas output led to oversupply.

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  • January 2nd, 2020

Oil starts new year higher on trade optimism, Middle East tensions

Oil prices kicked off the new year higher on Thursday as warming trade relations between the United States and China eased demand concerns, while rising tensions in the Middle East fuelled worries about supply.

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  • December 23rd, 2019

Oil eases as U.S. drilling activity picks up

Oil prices fell on Monday after an increase in U.S. drilling activity, but held near recent three-month highs on hopes for a trade deal between the United States and China. ›

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  • December 20th, 2019

UK GAS-UK, continental gas prices fall on Ukrainian gas transit talks

British wholesale gas prices fell on Friday on warmer and windy weather, while longer-term British and continental gas prices slipped after progress in Russian-Ukrainian gas transit talks.

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  • December 20th, 2019

Oil steady near three-month highs on trade deal progress; set for third weekly rise

Oil prices were steady close to three-month highs on Friday, heading for a third consecutive weekly rise, on the back of easing Sino-U.S. trade tensions that have weighed on demand as well as the global economic growth outlook.

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  • December 19th, 2019

UK GAS-Prompt prices rise on dip in LNG, Norwegian supplies

Prompt British wholesale gas prices rose on Thursday morning as lower supply from the country’s liquified natural gas (LNG)terminals combined with weaker imports from Norway, leaving the gas system undersupplied.

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  • December 19th, 2019

Oil prices surf U.S.-China trade thaw to three-month highs

Oil prices remained atop three-month peaks on Thursday, extending a robust streak that began a week ago, as thawing trade relations between the United States and China supported global markets.

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