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Energy Services News

  • January 16th, 2019

UK GAS-Prices rise on expectations of colder weather

British wholesale gas and power prices rose on Wednesday morning due expectations of a cold snap for the rest of this month.

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  • January 16th, 2019

Oil firm as supply cuts point to tighter market despite weakening economy

Oil prices firmed on Wednesday after climbing about 3 percent in the previous session as expectations that OPEC-led supply cuts will tighten markets despite signs of a global economic slowdown. ›

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  • January 15th, 2019

UK GAS-Prices firm as colder weather seen later in week

British wholesale gas prices rose on Tuesday as colder weather was expected later this week, although the system was well supplied. ›

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  • January 15th, 2019

Oil prices rise 1 percent amid supply cuts, but economic slowdown dims demand outlook

Oil prices rose by around 1 percent on Tuesday amid supply cuts led by producer club OPEC and Russia, although a darkening economic outlook may soon weigh on growth in fuel demand. ›

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  • January 14th, 2019

Oil falls back to $60 on concerns about China slowdown

Oil slipped to around $60 a barrel on Monday after data showed weakening imports and exports in China, the world’s second-largest oil consumer, raising the prospect of a slowdown in fuel demand.

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  • January 14th, 2019

UK GAS-Prices mostly lower on strong supply, high wind power output

British wholesale gas prices were mostly lower on Monday morning as strong supply and forecasts for high wind power output left the system oversupplied.

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  • January 11th, 2019

UK GAS-Prices rise on colder longer-term weather forecasts

British wholesale gas prices rose on Friday due to colder long-term weather forecasts than previously. ›

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  • January 11th, 2019

Oil set for weekly gain on trade optimism, OPEC-led supply cuts

Oil prices rose 1 percent on Friday, on track for solid weekly gains after financial markets strengthened due to hopes the United States and China may soon resolve their trade dispute. ›

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  • January 10th, 2019

UK GAS-Prices fall on oversupply, warmer temperature forecasts

British wholesale prompt gas prices fell on Thursday morning due to an oversupplied system and forecasts for warmer temperatures. ›

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  • January 10th, 2019

Oil drops by 1 percent on U.S. supply surge, caution after U.S.-China trade talks

Oil prices fell by more than 1 percent on Thursday on swelling U.S. supply and amid caution after talks between the United States and China finished without any concrete details on a resolution to their trade disputes. ›

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