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Energy Services News

  • January 9th, 2019

UK GAS-Prices up on cold weather but ample supply limits rise

British wholesale gas prices rose on Wednesday morning due to an increase in gas demand caused by cold temperatures. ›

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  • January 9th, 2019

Oil rises by over 1 percent on U.S., China trade talk optimism

Oil prices rose by around 1 percent on Wednesday, extending gains from the previous session on hopes that Washington and Beijing may soon resolve trade disputes that have cast a dark shadow over the global economy. ›

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  • January 8th, 2019

UK GAS-Prices up on arrival of delayed cold weather

British wholesale gas prices rose on Tuesday on the arrival of colder weather, which was initially expected from Monday and caused prices to fall on the previous day’s missed forecasts. ›

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  • January 8th, 2019

Oil prices steady on trade talk hopes and OPEC cuts, but slowdown looms

Oil prices were stable on Tuesday, supported by hopes that talks in Beijing between U.S. and Chinese officials might defuse trade disputes between the world’s biggest economies, while OPEC-led supply cuts also tightened markets. ›

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  • January 7th, 2019

UK GAS-Prices drop on large oversupply, mild weather

British wholesale gas prices fell on Monday as lower consumption due to warmer weather left the market heavily oversupplied. ›

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  • January 7th, 2019

Oil prices jump on U.S-China trade hopes, supply cuts

Oil prices rose by more than 1.5 percent on Monday on hopes that talks in Beijing can resolve a trade war between the United States and China, while supply cuts by major producers also supported crude. ›

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  • January 4th, 2019

UK GAS-Prices rise on cold temperatures

British wholesale gas prices rose on Friday morning as this week’s cold snap reached its peak, boosting demand for gas. ›

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  • January 4th, 2019

Oil prices rise by more than 1 pct on China-U.S. trade talks, OPEC cuts

Oil prices rose by more than 1 percent on Friday, shaking off earlier losses, after China said it would hold talks with the U.S. government on Jan. 7-8 to look for solutions to a trade dispute between the world’s two biggest economies. ›

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  • January 3rd, 2019

UK GAS-Prices fall as system oversupplied

UK wholesale gas for prompt delivery fell on Thursday, due to an oversupplied system as strong imports offset cold weather forecasts. ›

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  • January 3rd, 2019

Oil prices decline on swelling oversupply, volatile markets

Oil prices fell on Thursday amid volatile currency and stock markets, coupled with concerns that an economic slowdown in 2019 will cut into fuel demand just as crude supplies are surging. ›

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