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Energy Services News

  • March 4th, 2019

UK GAS-Prices slip as strong wind power output dents demand

British wholesale gas prices edged lower on Monday morning as forecasts for strong output from the country’s wind farms reduced demand for gas from power plants. ›

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  • March 4th, 2019

Oil prices rise on trade deal hopes, OPEC supply cuts

Oil prices rose on Monday, buoyed by output cuts by producer club OPEC and reports that the United States and China are close to a deal to end a bitter tariff row that has slowed global economic growth. ›

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  • March 1st, 2019

UK GAS-Prices fall on strong LNG imports

UK wholesale gas prices fell on Friday morning as an increase in imports of liquefied natural gas (LNG) led to an oversupplied system amid lower demand. ›

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  • March 1st, 2019

Oil climbs amid OPEC-led supply cuts, but economic weakness drags

Oil prices climbed on Friday as markets tightened amid output cuts by producer club OPEC, but surging U.S. supply and concerns of global economic slowdown kept a lid on further gains. ›

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  • February 28th, 2019

UK GAS-Prices little changed in well supplied system

British wholesale gas prices were little changed on Thursday in a balanced market with higher demand for gas to generate power matched by increased Dutch imports and LNG supplies. ›

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  • February 28th, 2019

Oil dips as Asia factory output weakens, U.S. crude production hits record

Oil prices fell on Thursday amid weakening factory output in China and Japan and record U.S. crude output, although markets remained relatively well supported by supply cuts led by producer club OPEC. ›

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  • February 27th, 2019

UK GAS-Prices rise on gas-to-power plant demand

British wholesale gas prices rose on Wednesday morning as continued low wind power output boosted demand from gas-to-power plants. ›

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  • February 27th, 2019

Oil advances as OPEC set to continue supply cuts despite U.S. pressure to ease

Oil prices rose on Wednesday after a report of declining U.S. crude inventories and as producer club OPEC seemed to stick to its supply cuts despite pressure from U.S. President Donald Trump. ›

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  • February 26th, 2019

UK GAS-Prices edge higher on strong power demand

British wholesale gas prices edged higher on Tuesday morning on strong demand from power plants, but traders said oversupply and weak demand amid mild temperatures limited gains. ›

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  • February 26th, 2019

Oil eases after Trump urges OPEC to curb efforts to boost prices

Oil inched lower on Tuesday to extend losses of more than 3 percent from the previous session, easing after U.S. President Donald Trump called on OPEC to rein in its efforts to boost prices. ›

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