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Energy Services News

  • October 23rd, 2018

UK GAS-Prices down as wind power generation keeps market oversupplied

British wholesale gas prices fell on Tuesday, as strong wind power generation reduced demand for electricity from gas-fired plants, keeping the market oversupplied despite a dip in flows from Norway. ›

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  • October 23rd, 2018

Oil prices fall as Saudi Arabia pledges to play ‘responsible role’ in market

Oil prices fell on Tuesday after Saudi Arabia said it would play a “responsible role” in energy markets, although sentiment remained nervous in the run-up to U.S. sanctions against Iran’s crude exports that start next month. ›

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  • October 22nd, 2018

EUROPE POWER-Week ahead prices jump on weather, curve dragged down by lower CO2

European OTC power prices for next week leaped on Monday on forecasts of colder weather, which propelled French demand higher, and some longer-than-expected outages at the country’s nuclear reactors. ›

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  • October 22nd, 2018

Brent oil rises back above $80 as Iran sanctions loom

Brent crude oil prices rose back above $80 a barrel on Monday as markets were expected to tighten once U.S. sanctions against Iran’s crude exports are implemented next month. ›

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  • October 22nd, 2018

UK GAS-Prices fall due to high wind power output

British wholesale gas prices fell on Monday morning as strong wind power output curbed demand from gas plants. ›

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  • October 19th, 2018

UK GAS-Prices up on increased demand

British wholesale gas prices rose on Friday morning on higher demand for gas for heating. ›

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  • October 19th, 2018

Oil up but set for weekly loss on stock build, trade row

Oil prices rose on Friday on signs of surging demand in China, the world’s second-biggest oil consumer, although the market was heading for a second week of losses on concern that trade wars were curbing economic activity and rising U.S. inventories. ›

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  • October 18th, 2018

UK GAS-Prices rise on colder weather after Wednesday’s oversupply

British wholesale gas prices rose on Thursday after a surge of imports from Norway receded, leaving the system balanced, and colder temperatures pushed up the demand forecast. ›

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  • October 18th, 2018

Oil steadies amid Saudi tensions after plunge on jump in U.S. stockpiles

Oil steadied on Thursday as support from ongoing tensions over the disappearance of a prominent Saudi journalist offset a big drop overnight due to a jump in U.S. crude stockpiles. ›

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  • October 17th, 2018

UK GAS-Prices down as Norwegian flows oversupply system

British wholesale gas prices fell on Wednesday, as an increase in flows from Norway heavily oversupplied the system, with demand levels unable to catch up ›

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