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Energy Services News

  • November 27th, 2019

Oil gains, bolstered again by U.S.-China trade talks

Oil prices rose on Tuesday after news that U.S. and Chinese officials discussed trade, while predictions for a weekly draw on U.S. crude stockpiles lent some support as well.

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  • November 26th, 2019

UK GAS-Prices drop on strong pipeline and LNG supply

British wholesale gas prices dropped on Tuesday morning due to strong domestic production, a rise in Norwegian flows and a flurry of liquefied natural gas (LNG) cargo arrivals.

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  • November 26th, 2019

Oil prices slip as U.S.-China trade deal talks seek breakthrough

Oil prices slipped on Tuesday on concerns about economic growth and fuel demand as uncertainty remains about the ability of the United States and China, the world’s biggest oil users, to agree a preliminary deal to end their trade war.

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  • November 25th, 2019

EUROPE POWER-Next week prices rise, expected cold to lift French demand

European wholesale power trading markets on Monday saw prices for delivery next week rise sharply on an anticipated decline in temperatures that will boost French demand and draw on imports from elsewhere.

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  • November 25th, 2019

UK GAS-Prices mixed as chill due to set in later in week

British wholesale gas prices were mixed on Monday as weather conditions, which have been mild leading to an oversupplied market, are expected to deteriorate later in the week.

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  • November 25th, 2019

Oil gains on fresh hopes for U.S.-China trade talks

Oil prices rose on Monday as positive noises from Washington over the weekend rekindled hopes in global markets that the United States and China could soon sign an interim deal to end their bitter trade war.

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  • November 21st, 2019

UK GAS-Prices rise as supplies from LNG terminals drop

British wholesale gas prices rose on Thursday morning as supplies from the country’s liquefied natural gas (LNG) terminals fell, leaving the market undersupplied.

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  • November 21st, 2019

Oil drops amid new concern over prospects for U.S.-China trade deal

Oil prices edged lower on Thursday as fresh tensions between the United States and China over ongoing protests in Hong Kong fueled concern that a long hoped-for deal to end a trade war between the world’s top two economies may be further delayed.

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  • November 20th, 2019

UK GAS-Prompt falls due to milder weather; strong wind power, LNG feed demand

Britain’s prompt gas prices declined on Wednesday due to milder-than-expected temperatures that are seen rising at the weekend, coupled with strong wind power generation and liquefied natural gas (LNG) supplies.

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  • November 20th, 2019

Oil prices extend losses on supply, trade war fears

Oil prices slipped for a third day on Wednesday as a surge in U.S. stockpiles reinforced concerns about lacklustre global economic growth, while hopes ebbed for any movement on the U.S.-China trade war.

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