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Energy Services News

  • December 18th, 2019

UK GAS-Weakening gas demand drives prompt prices down

British wholesale gas prices fell on Wednesday morning as gas demand is expected to fall during the warmer weather. ›

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  • December 18th, 2019

Oil skids as U.S. inventories pile up, but demand hopes stem bigger drop

Oil prices dropped on Wednesday after U.S. industry data showed a surprise build in crude inventories, but expectations for firmer demand next year kept losses in check. ›

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  • December 17th, 2019

UK GAS-Prompt gas prices rise on lower LNG supplies, rising demand

British wholesale gas prices rose on Tuesday as the gas system was undersupplied due to lower deliveries from LNG terminals, while gas demand for power generation increased.

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  • December 17th, 2019

EUROPE POWER-Fall in wind generation lifts spot power prices

European spot electricity contracts for day-ahead delivery rose on Tuesday, buoyed by forecasts for a fall in power generation from wind turbines and delays in nuclear reactor restarts in France, and as cold weather lifted demand.

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  • December 17th, 2019

Oil prices climb on U.S.-China trade hopes, supply cuts

Oil prices climbed higher on Tuesday as investors kept the faith with hopes that a fully fledged U.S.-China trade deal is in the pipeline, set to stoke oil demand in the world’s biggest economies.

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  • December 16th, 2019

EUROPE POWER-Day-ahead gains on firm German demand, week-ahead plunges

European spot electricity prices for day-ahead delivery rose on Monday as forecasts showed an increase in German power consumption, while week-ahead contracts plunged on a mild weather outlook.

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  • December 16th, 2019

UK GAS-Prompt prices rise on undersupply, LNG supply dip

Prompt British wholesale gas prices rose on Monday morning as drop in supply from the country’s liquefied natural gas (LNG) terminals left the system undersupplied.

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  • December 16th, 2019

Oil prices slip as investors seek clarity on U.S.-China trade deal

Oil prices on Monday slid off near three-month highs hit last week as investors searched for clarity beyond the initial impact of a trade deal between the United States and China that’s expected to boost flows between the top two global economies.

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  • December 13th, 2019

UK GAS-Prompt prices fall as temperatures turn warmer

Prompt British wholesale gas prices fell on Friday, giving up strong gains made on Thursday as forecasts for warmer temperatures than previously expected curbed demand for gas.

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  • December 13th, 2019

Oil prices climb to highest in three months on renewed U.S.-China trade deal hopes

Oil prices extended gains on Friday, scaling three-month highs as the United States and China moved closer to a resolution to the 18-month trade war between the world’s two biggest economies that has raised big questions about global demand for crude.

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