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Energy Services News

  • January 22nd, 2019

UK GAS-Prompt prices rise with temperatures, wind output set to dip

Prompt British wholesale gas prices rose on Tuesday morning, with temperatures expected to dip and lower forecasts of output from the country’s wind farms lifting demand. ›

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  • January 22nd, 2019

Oil prices drop as China economic slowdown threatens to spread

Oil prices fell on Tuesday on signs that an economic slowdown in China, the world’s second-largest economy and oil consumer, was spreading, stoking concerns over future fuel demand. ›

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  • January 21st, 2019

UK GAS-Prices fall amid strong supply and wind power generation

British wholesale gas prices fell on Monday morning, after rising last week in anticipation of colder temperatures, amid strong supply and fairly high wind power output ›

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  • January 21st, 2019

Oil reaches 2019-high on strong China crude use, but economic slowdown looms

Crude prices rose to their highest so far in 2019 on Monday after data showed refinery processing in China, the world’s second-largest oil consumer, climbed to a record last year despite a slowing economy. ›

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  • January 18th, 2019

Oil Set for Longest Weekly Rally Since October on OPEC’s Curbs

Oil headed for its longest weekly rally in three months on easing concern over whether the OPEC+ coalition will follow through on its pledge to slash production.

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  • January 18th, 2019

UK GAS-Prices mixed: prompt up on cold, oversupply weighs on month-ahead

British wholesale gas prices were mixed on Friday morning in slow trade, with the day-ahead up on increased consumption and the weekend and month-ahead contracts down on oversupply.

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  • January 18th, 2019

Oil climbs 1 percent on OPEC output cut, hopes for easing China-U.S. trade tensions

Oil prices rose 1 percent on Friday after a report from the Organization of the Petroleum Exporting Countries (OPEC) showed its production fell sharply last month, easing fears about prolonged oversupply. ›

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  • January 17th, 2019

UK GAS-Prices up as prolonged cold spell begins

British wholesale gas prices rose on Thursday morning as previously forecasted colder temperatures set in, lifting gas demand for heating. ›

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  • January 17th, 2019

Oil prices slip as U.S. crude output nears 12 million bpd

Oil prices fell on Thursday as U.S. crude production neared an unprecedented 12 million barrels per day (bpd) just as worries about weakening demand emerge. ›

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  • 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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