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Energy Services News

  • 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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  • January 2nd, 2019

UK GAS-Prices jump on forecast for colder weather

British prompt natural gas prices jumped on Wednesday on forecasts for colder weather, recovering from steep falls during the Christmas and New Year holiday period.

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  • January 2nd, 2019

Oil kicks off 2019 with losses on signs of economic slowdown, surging supply

Oil markets dropped by around 1 percent in 2019’s first trading on Wednesday, pulled down by surging U.S. output and concerns about an economic slowdown in 2019 as factory activity in China, the world’s biggest oil importer, contracted.

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  • December 21st, 2018

UK GAS-Prices mixed on oversupply, weather forecasts

British wholesale gas prices were mixed on Friday, as oversupply dented prompt values, while those for January were lifted by forecasts for cooler weather.

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