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Energy Services News

  • November 14th, 2018

Crude oil extends steep dive, stocks fall on growth fears

Oil prices extended a steep slide on Wednesday on the back of worries about weakening world demand and oversupply, while global shares sagged as energy sector strains heightened anxiety about a slow down in the global economy. ›

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  • November 13th, 2018

EUROPE POWER-Increased demand, drop in wind support German spot

European spot electricity contracts for day-ahead delivery diverged on Tuesday as a forecast drop in wind power generation supported the German position, while the French prompt price slipped on lower demand. ›

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  • November 13th, 2018

UK GAS-Prices mostly fall on strong wind power output, LNG supplies

British wholesale gas prices mostly fell on Tuesday morning as forecasts for high output from the country’s wind farms and expectations of fresh deliveries of liquefied natural gas (LNG) weighed on the market. ›

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  • November 13th, 2018

Oil prices slip around 1 percent after Trump urges OPEC not to cut supply

Oil prices fell by around 1 percent on Tuesday, with Brent crude slipping below $70 per barrel and WTI below $60, after U.S. President Donald Trump put pressure on OPEC not to cut supply to prop up the market. ›

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  • November 12th, 2018

UK GAS-Prices climb as colder weather, lower wind speeds expected next week

British wholesale gas prices climbed on Monday morning in anticipation of colder weather and less wind power output next week. ›

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  • November 12th, 2018

Oil prices jump 2 percent after Saudi Arabia announces December supply cut

Oil prices jumped more than 1.5 percent on Monday after top exporter Saudi Arabia announced a supply cut in December and other producers also considered reductions heading into 2019. ›

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  • November 9th, 2018

Energy Services (Business Power) Ltd – November 2018 Energy Newsletter

UK Energy prices reduced in October as we appeared to be seeing the start of a correction from a summer of increases.  Find out more in our newsletter via the link below. ›

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  • November 9th, 2018

EUROPE POWER-Monday prices fall on weaker fundamentals, curve also down

European power prices for the coming Monday fell in Friday wholesale market trading as supply rose and demand weakened, while forwards turned south on lower fuels and CO2 permission rights prices. ›

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  • November 9th, 2018

UK GAS-Prices mixed on higher Norwegian flows, weather forecasts

British wholesale gas prices were mixed on Friday morning as higher flows from Norway and forecasts for milder temperatures in the near term pushed prompt prices down and colder weather forecasts for December lifted the curve. ›

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  • November 9th, 2018

Oil in bear market as supply rises and demand growth slows

Oil prices fell to multi-month lows on Friday as global supply increased and investors worried about the impact on fuel demand from of lower economic growth and trade disputes. ›

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