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Energy Services News

  • August 17th, 2018

Oil prices slip over concerns of global economic slowdown

Oil prices dipped on Friday, with U.S. crude heading for a seventh weekly decline amid increasing concerns about slowing global economic growth that could hit demand for petroleum products as inventories build. ›

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  • August 16th, 2018

UK GAS-Prices rise on Norwegian supply disruptions

British wholesale gas prices rose on Thursday as several outages in Norway reduced supplies. ›

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  • August 16th, 2018

Oil edges up as China, U.S. set trade talks, but markets wary of slowing demand

Oil prices on Thursday clawed back some of the previous day’s losses after Beijing said it would send a delegation to Washington to try to resolve a trade dispute between the United States and China that has roiled global markets. ›

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  • August 15th, 2018

UK GAS-Prices dip on oversupply, reduced demand

British wholesale gas prices dipped on Wednesday morning due to an oversupplied system and reduced gas-for-power demand.

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  • August 15th, 2018

Oil dips on rising US crude inventories, darkening economic outlook

Oil prices fell on Wednesday, pulled down by a report of increased U.S. crude inventories and as a darkening economic outlook stoked expectations of lower fuel demand.

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  • August 14th, 2018

EUROPE POWER-Forward contracts just below record time highs, driven by CO2, coal gains

Key positions on Europe’s power forward curve set fresh records on Tuesday, supported by firm coal and gas prices, while oil also edged higher. ›

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  • August 14th, 2018

UK GAS-Prices up amid higher energy complex, upcoming maintenance

British wholesale gas prices increased on Tuesday morning amid higher oil and coal prices, lower flows from Norway and upcoming maintenance ›

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  • August 14th, 2018

Oil edges up on Saudi output cut and Iran sanctions

Oil prices rose on Tuesday after Saudi Arabia said it had cut production in July, although concerns over a slowdown in global economic growth kept a lid on markets. ›

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  • August 13th, 2018

UK GAS-Prices rise due to strike at Total’s North Sea platforms

British wholesale gas prices rose on Monday morning as a strike was set to begin at three Total North Sea oil and gas platforms, curbing supply. ›

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  • August 13th, 2018

Oil dips as emerging market woes dim demand outlook

Oil prices slipped on Monday as trade tensions and troubled emerging markets dented the outlook for fuel demand, but U.S. sanctions against Iran pointed towards tighter supply ahead.

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