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Energy Services News

  • September 17th, 2018

Oil higher as U.S. Iran sanctions raise supply concerns

Oil prices rose on Monday as investors focused on the impact of U.S. sanctions on Iran despite assurances by Washington that Saudi Arabia, Russia and the United States could together raise output fast enough to offset falling supplies. ›

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  • September 14th, 2018

UK GAS-Prices mostly fall on warmer weather, cancelled strike action

Prompt British wholesale gas prices mostly fell on Friday morning on warmer weather forecasts and as strike action planned for three North Sea oil and gas platforms on Monday was cancelled. ›

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  • September 14th, 2018

Oil prices claw back on supply concerns, but demand worries drag

Oil on Friday clawed back some of its losses from the previous session, when prices fell the most in a month, with concerns about supply countering worries that emerging market crises and trade disputes could dent demand. ›

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  • September 13th, 2018

UK GAS-Prices slide as storage compensates for lower Norway flows

British wholesale gas prices fell on Thursday as nominations from storage boosted supplies that were depleted by lower flows from Norway. ›

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  • September 13th, 2018

Oil slips as economic concerns counter tightening supplies

Oil prices fell on Thursday, reversing some of the strong gains from the previous session, as economic concerns raised doubts about ongoing fuel demand growth. ›

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  • September 12th, 2018

UK GAS-Prices fall on supply surplus from higher flows from Norway

British wholesale gas prices fell on Wednesday as flows through Norway’s largest pipeline Langeled rose, creating a supply surplus. ›

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  • September 11th, 2018

UK GAS-Prices mostly dip on oversupply, warmer weather forecasts

British wholesale gas prices mostly fell on Tuesday morning in an oversupplied market and on forecasts of warmer weather to come. ›

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  • September 11th, 2018

Oil prices climb as Iran sanctions loom; US looks to prevent supply shortfall

Oil prices rose on Tuesday amid looming U.S. sanctions against Iran’s petroleum industry, despite efforts by Washington to get other major suppliers to make up for the expected disruption. ›

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  • September 10th, 2018

EUROPE POWER-CO2 prices surge, driving curve contracts to new highs

European power contracts for year-ahead delivery set record highs on Monday, mirroring gains in the carbon, gas and oil markets which provide inputs for generators. ›

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  • September 10th, 2018

UK GAS-Prices up on carbon hike and supply deficit

British wholesale gas prices increased on Monday morning following a surge in carbon’s value, and as flows from Norway remained low, leaving the market undersupplied. ›

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