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Energy Services News

  • August 21st, 2018

UK GAS-Prices rise as impact from Total strike filters through

British wholesale gas prices rose on Tuesday as flows were curbed by strike action at three North Sea oil and gas fields and exports flowed to the continent, leaving the system undersupplied. ›

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  • August 21st, 2018

Oil firm on tighter U.S. outlook, but strategic reserve release caps market

Oil prices held firm on Tuesday, with U.S. fuel markets seen to be tightening, although the release of crude from the American strategic reserve somewhat offset an expected supply cut due to upcoming sanctions against Iran. ›

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  • August 20th, 2018

EUROPE POWER-Spot prices rise as wind drops, new high for German year-ahead

European spot power price rose on Monday as German wind supply was set to fall sharply, while benchmark forward prices struck a new contract high in step with a strong EU carbon market. ›

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  • August 20th, 2018

UK GAS-Prices mostly lower on oversupply

British wholesale gas prices were mostly lower on Monday morning amid an oversupplied system and less exports to continental Europe. ›

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  • August 20th, 2018

Oil prices mixed as economic concerns weigh, Iran sanctions loom

Oil prices were mixed on Monday, weighed down by concerns over slowing economic growth but supported by the expected impact of U.S. sanctions on Iran, which will start targeting the petroleum industry from November. ›

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  • August 17th, 2018

UK GAS-Prices rise amid lower Norwegian flows

British wholesale gas prices rose on Friday morning amid lower Norwegian flows due to annual maintenance and ahead of industrial action in the North Sea early next week ›

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  • 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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