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Energy Services News

  • February 25th, 2019

UK GAS-Prices fall on strong Norway flows and mild weather

British wholesale gas prices fell on Monday as a 50 percent increase in Norwegian gas flows and mild weather created an oversupply in the system. ›

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  • February 25th, 2019

Oil dips amid record U.S. exports, but trade talk hopes offer some support

Oil prices dipped on Monday, dragged down by plentiful supply as U.S. exports soar and compete with traditional producers from the Middle East in key markets such as Asia. ›

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  • February 22nd, 2019

UK GAS-Prices edge down on mild temperatures

British wholesale gas prices edged down on Friday morning as mild temperatures continued to reduce demand for heating. ›

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  • February 22nd, 2019

Oil prices firm on trade hopes, but record U.S. output drags

Oil prices were firm on Friday, supported by OPEC’s ongoing supply cuts and hopes that Washington and Beijing may soon end their trade dispute. ›

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  • February 21st, 2019

UK GAS-Prices fall on mild temperatures, oversupply

British wholesale gas prices fell on Thursday morning as mild temperatures and strong imports from Norway led to an oversupplied system. ›

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  • February 21st, 2019

Oil hovers near 2019 highs amid OPEC cuts, but economic slowdown weighs

Oil prices hovered close to 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were prevented from rising further by slowing growth in the global economy. ›

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  • February 20th, 2019

UK GAS-Prices rise on reduced supply

British wholesale gas prices rose on Wednesday morning as gas flows from Norway dropped due to an outage and send-out of liquefied natural gas (LNG) is expected to edge down. ›

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  • February 20th, 2019

Oil dips below 2019 highs as surging U.S. supply counters OPEC cuts

Oil prices slipped away from 2019 highs on Wednesday, with surging U.S. supply and slowing economic growth tempering upward pressure from supply cuts led by producer club OPEC and from Washington’s sanctions on Iran and Venezuela. ›

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  • February 19th, 2019

UK GAS-Prices down on mild weather and strong wind

British wholesale gas prices fell on Tuesday with higher than average temperatures forecast and strong wind expected to boost power production from turbines, creating an oversupplied system. ›

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  • February 19th, 2019

Oil hovers just below 2019 highs as markets look to trade talks

Oil prices hovered just below 2019 highs on Tuesday as traders waited for the outcome of U.S.-China trade talks this week, while supply cuts led by producer group OPEC meant markets were relatively tight. ›

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