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Energy Services News

  • July 4th, 2019

EUROPE POWER-Prompt up on tighter renewable, nuclear supply

European prompt power prices rose in the wholesale market on Thursday on tighter supply in the region which overrode the effects of lower demand ahead of the weekend and beyond.

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  • July 4th, 2019

UK GAS-Prompt prices decline as some outages end, higher wind output

Prompt British wholesale gas prices were lower on Thursday morning due to higher wind generation and as some Norwegian outages ended. ›

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  • July 4th, 2019

Oil prices fall amid signs of slowing US demand, economic concerns

Oil prices fell more than 0.5% on Thursday, weighed down by data showing a smaller-than-expected decline in U.S. crude stockpiles and worries about the global economy. ›

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  • July 3rd, 2019

UK GAS-Prices rise on undersupply, Norwegian outages

British wholesale gas prices rose on Wednesday morning, lifted by undersupply as several outages in Norway curbed exports from the country.

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  • July 3rd, 2019

Oil prices steady amid U.S. stockpile drop, OPEC supply cut extension

Oil prices were steady on Wednesday after a steep fall in the previous session, supported by extended output cuts by OPEC and its allies despite concerns that a slowing global economy could crimp demand.

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  • July 2nd, 2019

UK GAS-Prices gain on new Norwegian supply outage, low wind

British gas prices rallied on Tuesday, extending the previous session’s gains as more unplanned outages affected Norwegian production.

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  • July 2nd, 2019

Oil prices climb as OPEC extends cuts, but demand worries persist

Oil gained on Tuesday as producer club OPEC agreed to extend supply cuts until next March, although prices were pressured by worries demand could ease amid hints of a slowdown in the global economy.

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  • July 1st, 2019

UK GAS-Prices rise on reduced Norwegian supplies

British prompt gas prices rose on Monday as an unexpected outage at Norway’s Nyhamna gas processing plant added to other field maintenance in the Nordic country, cutting piped flows further and reducing supply availability. ›

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  • July 1st, 2019

Oil prices jump over 2% as OPEC set to extend supply cuts

Oil prices rose more than $1 a barrel on Monday, with OPEC and its allies on track to extend supply cuts until at least the end of 2019 at their meeting in Vienna this week. ›

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  • June 28th, 2019

Oil prices slip ahead of G20 talks, OPEC meet

Oil prices eased on Friday as traders awaited any update on the Sino-U.S. trade war from a scheduled weekend meeting of the two countries’ presidents at the G20, and eyed next week’s OPEC gathering. ›

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