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Energy Services News

  • December 11th, 2018

UK GAS-Day-ahead prices edge higher as temperatures dip

British wholesale gas for day-ahead delivery edged higher on Tuesday morning as cooler forecasts raised demand for gas for heating. ›

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  • December 11th, 2018

Oil prices under pressure amid global market unease, but Libyan disruption supports

Oil prices were under pressure on Tuesday amid worries over global stock markets and doubts that planned output cuts led by producer club OPEC will be enough to rein in oversupply. ›

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  • December 10th, 2018

UK GAS-Prompt rebounds on temperature forecast drops

British gas for within-day delivery rose on Monday from a multi-month low closing price as weather watchers cut the day’s temperature forecast and an outage trimmed supplies. ›

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  • December 10th, 2018

Brent oil rises after deal to cut supply, but 2019 outlook weakens

Brent crude oil futures rose on Monday after producer club OPEC and some non-affiliated suppliers last Friday agreed to a supply cut from January. ›

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  • December 7th, 2018

UK GAS-Prompt up on colder weather forecasts

British gas for next-day delivery edged up on Friday morning due to expectations of colder weather over the weekend and next week.

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  • December 7th, 2018

Oil Extends Losses as OPEC Talks End Without Deal to Curb Output

Oil extended losses near $51 a barrel after OPEC ended talks without a deal on production curbs as its ally Russia refused to commit to the big output cut that Saudi Arabia demanded.

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  • December 6th, 2018

UK GAS-Prices fall on lower carbon; high storage cushions undersupply

British wholesale gas prices fell on Thursday, despite an undersupplied market, following a drop in European benchmark carbon prices and still high storage inventories. ›

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  • December 6th, 2018

Oil’s sharp price drop fuels questions for stock market

U.S. stock investors are wary that a 30 percent slump in oil prices will pressure corporate profits while also presenting a sign of weakness in global growth at a time they are already weighing when the long economic expansion will end. ›

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  • December 5th, 2018

UK GAS-Prices mostly lower on higher wind output, warmer weather

British wholesale gas prices mostly fell on Wednesday morning as forecasts for higher output from the country’s wind farms and higher temperatures curbed demand. ›

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  • December 5th, 2018

EUROPE POWER-Mild weather, more wind generation weigh on prices

European spot electricity prices for day-ahead delivery and week-ahead contracts tumbled on Wednesday as forecasts showed increased wind power generation and reduced power consumption due to mild weather. ›

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