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Energy Services News

  • November 6th, 2018

EUROPE POWER-French day-ahead dips on increased wind output, mild weather

European spot electricity prices for day-ahead delivery were mixed on Tuesday as increased wind output and mild weather weighed on the market in France, while the German contract was a tick higher on steady demand. ›

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  • November 6th, 2018

UK GAS-Prices edge lower on oversupply, high wind power output

British wholesale gas prices edged lower on Tuesday morning, as strong output from the country’s wind farms curbed demand for gas from power generators. ›

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  • November 6th, 2018

Oil prices fall on Iran sanction exemptions, economic concerns

Oil prices fell on Tuesday, weighed down by sanction exemptions from Washington that will allow Iran’s biggest oil customers to keep importing from Tehran, as well as by concerns that an economic slowdown may curb fuel demand growth. ›

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  • November 5th, 2018

Oil prices fall as US grants Iran sanction waivers to 8 importers

Oil prices fell on Monday as the start to U.S. sanctions against Iran’s fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily.

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  • November 5th, 2018

UK GAS-Prices fall as warm weather reduces consumption

British wholesale gas prices fell on Monday as warmer weather reduced gas consumption and additional energy supplies awaited from liquefied natural gas (LNG) tankers, wind generation and the start of a nuclear reactor added to the bearish sentiment.

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  • November 2nd, 2018

UK GAS-Prices down on milder weather forecast, strong wind, oversupply

British wholesale gas prices fell on Friday morning due to a combination of milder temperatures expected over the weekend, strong wind output and an increase in supplies.

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  • November 2nd, 2018

Oil falls again as U.S. allows Iran sanctions waivers

Oil prices slipped further on Friday, heading for a weekly loss of more than 6 percent, after a report that Washington has granted several countries waivers on sanctions on Tehran, allowing them to continue to import Iranian crude.

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  • October 31st, 2018

Oil rises one percent ahead of U.S. sanctions on Iran

Oil prices rose more than 1 percent on Wednesday as markets braced for the imposition of U.S. sanctions on Iran next week and as stock markets clawed back some of their recent losses.

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  • October 31st, 2018

UK GAS-Prices rise on undersupply, lower Norweigan imports

British wholesale rose on Wednesday morning as lower imports from Norway and strong demand from gas-to-power stations contributed to an undersupplied system.

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  • October 30th, 2018

UK GAS-Prices decline amid expectations of strong LNG supply

British wholesale gas prices declined slightly on Tuesday morning amid expectations of strong liquefied natural gas (LNG) supplies and slightly milder temperatures for the rest of this week.

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