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Energy Services News

  • August 5th, 2019

UK GAS-Prices fall as some UK gas fields start to ramp up

British wholesale natural gas prices fell on Monday as some domestic fields started to ramp up after maintenance. ›

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  • August 5th, 2019

Oil prices fall as trade tensions hit demand outlook

Oil prices fell on Monday amid renewed global economic growth concerns after U.S. President Donald Trump vowed to escalate the trade war with China with more tariffs, which would likely limit fuel demand in the world’s two biggest crude consumers. ›

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  • August 2nd, 2019

EUROPE POWER-German spot price for early next week rises on lower renewables

Germany’s prompt electricity price for early next week delivery posted gains in wholesale trade on Friday on the back of a forecast for lower wind and solar power generation.

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  • August 2nd, 2019

Oil prices regain ground after plunge on Trump’s tariff vow

Oil prices rose around 2% on Friday, regaining ground after their biggest falls in years on U.S. President Donald Trump’s vow to impose more tariffs on Chinese imports.

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  • August 2nd, 2019

UK GAS-Prices fall as Norwegian flows increase

British wholesale gas prices fell on Friday, partly a correction of the previous day’s gains, while an increase in Norwegian pipeline flows contributed to oversupply in the system, traders said.

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  • August 1st, 2019

Oil slips 1% after Fed signals no more rate cuts, U.S. output gains

Oil prices skidded on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate cuts and Sino-U.S. talks ended without apparent progress toward resolving a bitter trade dispute.

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  • July 31st, 2019

UK GAS-Prices rise as field output declines ahead of maintenance

British wholesale gas prices rose on Wednesday morning as UK gas fields started to ease output ahead of maintenance outages starting from tomorrow.

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  • July 31st, 2019

Oil rises for fifth straight day as market awaits Fed, stockpiles fall

Oil prices rose for a fifth day on Wednesday, buoyed by a bigger-than-expected drop in U.S. inventories and as investors awaited a widely expected cut in interest rates by the U.S. Federal Reserve, the first in more than 10 years. ›

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  • July 30th, 2019

Oil prices rise as market eyes likely Fed rate cut

Oil prices rose for a fourth day on Tuesday on optimism the U.S. Federal Reserve will this week cut interest rates for the first time in more than 10 years, supporting fuel demand growth in the world’s biggest oil user.

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  • July 26th, 2019

UK GAS-Prices decline despite Langeled flow drop

British wholesale gas prices fell on Friday morning on oversupply even though Norwegian flows through the Langeled pipeline have dropped to zero.

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