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Energy Services News

  • August 10th, 2018

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

In July UK energy prices remained high although traded within a narrow range.  Please follow the link to read more. ›

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  • August 10th, 2018

UK GAS-Prices mostly fall on oversupply as flows return

British wholesale gas prices were mostly lower on Friday, as oversupply and the return of sites from maintenance weighed on the market. ›

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  • August 10th, 2018

Oil dips on trade dispute, Iran sanctions tighten outlook

Oil prices fell on Friday on worries that global trade disputes will slow economic growth and demand for fuel, but losses were limited by U.S. sanctions against Iran which look set to tighten supply. ›

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  • August 9th, 2018

UK GAS-Day-ahead down on Norway supplies, stronger wind forecasts

British day-ahead gas prices fell on Thursday on expectations for higher power output from wind turbines and as increased Norwegian flows oversupplied the system. ›

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  • August 9th, 2018

Supply worries lift oil prices as U.S. renews sanctions on Iran

Oil prices eked out gains on Thursday, reflecting concerns about Iranian crude supplies as the U.S. hit Tehran with new sanctions, halting Wednesday’s declines in the face of an escalating China-U.S. trade dispute and worries over Chinese demand. ›

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  • August 8th, 2018

UK GAS-Prices rise on cooler temperatures, lower wind power output

British wholesale gas prices rose on Wednesday morning as forecasts for cooler temperatures and lower output from the country’s wind farms led to an increase in demand.

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  • August 8th, 2018

Oil dips on weak China imports, but Iran sanctions, weak U.S. stocks support

Oil prices dipped on Wednesday after China reported relatively weak import data, although the market remained well supported by falling U.S. crude inventories and the introduction of sanctions against Iran.

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  • August 7th, 2018

UK GAS-Prompt prices edge up on cooler temperatures by mid-week

British prompt gas prices mostly edged up on Tuesday morning as temperatures were expected to cool by mid-week.

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  • August 7th, 2018

Oil rises as renewed U.S. sanctions on Iran seen tightening supply

Oil prices rose on Tuesday with re-introduced U.S. sanctions against major crude exporter Iran expected to tighten global supply. Spot Brent crude oil futures LCOc1 were $74.17 per barrel at 0710 GMT, up 42 cents, or 0.6 percent, from their last close.

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  • August 6th, 2018

UK GAS-Within-day down on oversupply, other contracts up on cooler weather forecasts

British gas for immediate delivery fell on Monday due to oversupply but the weekend and front-month contracts edged up on lower temperature forecasts.

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