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Energy Services News

  • July 6th, 2018

Oil markets volatile as trade conflict between U.S. and China escalates

Oil prices seesawed in nervous trading on Friday as the United States slapped a raft of tariffs on Chinese goods in an escalating trade war between the world’s two biggest economies.

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  • July 5th, 2018

Oil prices dip as Trump calls on OPEC to ‘reduce pricing now’

Oil prices eased on Thursday after U.S. President Donald Trump sent a tweet urging OPEC to reduce prices for crude. ›

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  • July 5th, 2018

UK GAS-Prices slide on strong supply, fewer exports, warm weather

British wholesale gas prices fell on Thursday as supplies from the North Sea were strong and exports slipped, leaving the system over-supplied at a time of low summer demand. ›

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  • July 4th, 2018

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

Follow the link to view our July 2018 newsletter.  In this edition we see gas prices closely mirror oil prices which are hovering just under $80. ›

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  • July 4th, 2018

UK GAS-Prices mostly edge up on low wind output forecasts

British wholesale gas prices mostly edged higher on Wednesday morning due to low wind power output and amid stronger oil and coal prices, traders said. ›

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  • July 4th, 2018

Oil inches up on tighter U.S. supply, looming Iran sanctions

Oil prices edged up on Wednesday following a report of tightening U.S. fuel inventories amid an outage at Syncrude Canada oil sands facility in Alberta, which usually supplies the United States. ›

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  • July 3rd, 2018

UK day-ahead power prices hit three-month highs of GBP58.45/MWh on low renewables

UK day-ahead prices rose steeply hitting more than three-month highs amid lower solar-wind output and higher demand, while the neighbouring Netherlands and Belgium spot markets remained bullish amid ongoing coal-fired power station maintenance delays, market sources said Tuesday. ›

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  • July 3rd, 2018

EUROPE POWER-Curve sets new records, supported by bullish spot

European wholesale electricity forwards set new contract highs on Tuesday, boosted by higher fuels and carbon prices and bullish prompt markets tightened by lower wind and nuclear supply. ›

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  • July 3rd, 2018

UK GAS-Prices rise on high demand, low wind and strong coal

British wholesale gas prices rose on Tuesday morning amid low wind output which has raised demand for gas from power plants. ›

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  • July 3rd, 2018

Oil climbs on Libya force majeure, Canada outage

Oil prices rose on Tuesday after Libya declared force majeure on some of its crude exports, while the loss of Canadian supplies helped lifted U.S. crude to levels not seen since late 2014. ›

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