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Energy Services News

  • February 18th, 2019

UK GAS-Prices rise as North Sea outage reduces supply

British wholesale gas prices rose on Monday after an unplanned outage reduced supplies from the North Sea in an otherwise stable market. ›

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  • February 18th, 2019

Oil prices hit 2019 highs amid supply cuts, trade talk hopes

Oil prices on Monday hit their highest levels since November last year, lifted by OPEC-led supply cuts, U.S. sanctions on Iran and Venezuela, and hopes that the Sino-U.S. trade dispute may soon end. ›

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  • February 15th, 2019

UK GAS-Prices fall as milder weather returns

British wholesale gas prices fell on Friday morning as expectations of milder weather for the rest of February curbed demand. ›

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  • February 15th, 2019

Brent oil briefly hits $65 as production cuts fuel 2019 high

Brent crude oil briefly reached 2019 highs above $65 per barrel on Friday, as OPEC-led supply cuts and the announcement of a higher-than-expected cut by Saudi Arabia this week encouraged investors. ›

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  • February 14th, 2019

EUROPE POWER-Spot dragged lower on mild weather; forwards rebound

European spot wholesale power sagged on Thursday as high temperatures curbed consumption while firmer fuels and carbon prices prompted a rebound along the forward curve. ›

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  • February 14th, 2019

UK GAS-Prices inch up supported by stronger oil, coal

British wholesale gas prices were slightly higher on Thursday morning, even though there is stable supply and reduced demand. ›

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  • February 14th, 2019

Brent crude oil hits 2019-high on Sino-U.S. trade hopes, upbeat China data

Oil prices rose by around 1 percent on Thursday, with Brent crude futures hitting a 2019-high, buoyed by hopes that the Sino-U.S. tariff dispute could end soon and as China’s trade figures including crude imports beat forecasts. ›

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  • February 13th, 2019

UK GAS-Prices decline on reduced demand, oversupply

Prompt wholesale British gas prices edged lower on Wednesday morning due to reduced demand and oversupply. ›

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  • February 13th, 2019

Oil gets a boost from Saudi output pledge, declining U.S. inventories

Brent oil prices rose on Wednesday, after top exporter Saudi Arabia said it would cut crude exports and deliver an even deeper cut to its production, while U.S. futures gained on a decline in domestic oil inventories. ›

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  • February 12th, 2019

UK GAS-Prices fall as lower consumption offsets smaller imports

British wholesale gas prices fell on Tuesday as lower consumption due to warmer weather offset a reduction of flows into the United Kingdom from the Netherlands and Norway. ›

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