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Energy Services News

  • September 10th, 2018

Oil rises as U.S. drilling stalls, Washington sanctions on Iran loom

Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November. ›

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  • September 7th, 2018

UK GAS-Prompt prices hit fresh 6-month highs as imports dip

British wholesale gas prices hit fresh six-month highs on Friday morning as lower imports and a rising energy prices lent support. ›

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  • September 7th, 2018

Oil steady as U.S. crude inventories fall, but trade tensions weigh

Oil prices held steady on Friday as a fall in U.S. crude inventories to the lowest levels since 2015 supported the market, although Sino-U.S. trade tensions and economic weakness from emerging markets remained a concern. ›

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  • September 6th, 2018

UK GAS-Prices rise as flows stemmed by outage, lower imports

British wholesale gas prices rose on Thursday in an undersupplied market after an unplanned outage stemmed flows and imports from Norway were forecast to fall. ›

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  • September 6th, 2018

EUROPE POWER-Coal, carbon gains drive year-ahead power contracts to new highs

European electricity contracts for year-ahead delivery hit new contract records on Thursday driven by strong gains in carbon emissions and coal prices, while prices for day-ahead delivery fell on forecasts for increased wind and nuclear power supply. ›

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  • September 6th, 2018

Oil dips on emerging market turbulence, but looming Iran sanctions support

Oil prices dipped on Thursday as emerging market turbulence weighed on sentiment, while a deadline neared for a potential new round of U.S. tariffs on another $200 billion of Chinese goods. ›

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  • September 5th, 2018

UK GAS-Prices mixed as outages recede, supplies edge higher

British wholesale gas prices were mixed on Wednesday as the impact from previous outages receded allowing supplies to edge higher. ›

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  • September 5th, 2018

Oil prices fall as U.S. storm threat eases, but Iran sanctions loom

Oil prices fell on Wednesday as a tropical storm hitting the U.S. Gulf coast weakened and had a lower impact on production than initially expected. ›

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  • September 4th, 2018

UK GAS-Prices rise amid outages, gas-for-power demand

British wholesale gas prices rose on Tuesday morning as unplanned outages curtailed supply and on strong demand from gas-to-power plants. ›

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  • September 4th, 2018

Oil prices rise as Gulf of Mexico rigs evacuated

Oil prices rose on Tuesday, with U.S. crude breaking through $70 a barrel, after the evacuation of two Gulf of Mexico oil platforms in preparation for a hurricane. ›

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