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Energy Services News

  • July 16th, 2018

Oil prices fall but supply tight with focus on outages

Oil prices slipped on Monday as concerns about supply disruptions eased and Libyan ports reopened while traders eyed potential supply increases by Russia and other oil producers. ›

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  • July 13th, 2018

EUROPE POWER-Monday contracts higher on expected wind lull, curve down

Monday power prices rose in European wholesale market trading on Friday on expectations for low German wind power and tighter nuclear supply, while forwards tracked weaker fuels prices. ›

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  • July 13th, 2018

UK GAS-Prices edge higher on outage but remain at discount to Europe

British wholesale gas prices rose on Friday as an outage at a gas terminal dented flows leaving the system a little undersupplied following several days of price falls. ›

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  • July 13th, 2018

Oil futures edge lower, set for big weekly declines, on oversupply concerns

Oil prices fell on Friday as markets digested big swings earlier in the week that have left both major benchmarks facing a second weekly loss and largely shrugged off a warning about tightness in spare capacity. ›

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  • July 12th, 2018

EUROPE POWER-Spot prices fall on weaker demand, rising solar supply

European wholesale spot electricity prices fell on Thursday in response to the prospect of weaker demand and more solar supply even though wind power supply is tightening. ›

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  • July 12th, 2018

UK GAS-Prices fall amid domestic output boost, oversupply

British wholesale gas prices fell on Thursday as higher domestic output and slightly lower projected demand left the system oversupplied. ›

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  • July 12th, 2018

Oil rallies as IEA warns of output capacity limits

Oil prices rallied on Thursday, recouping some ground following sharp losses the previous session after Libya said it would resume oil exports. ›

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  • July 11th, 2018

EUROPE POWER-Day-ahead prices ease on more solar, flat demand

European prompt power prices fell on Wednesday amid pressure from rising solar production and with consumption unchanged, while week-ahead prices gained due to a sustained downturn in wind power. ›

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  • July 11th, 2018

Oil falls on trade fears after Trump tariff threat

Oil prices fell on Wednesday after U.S. President Donald Trump threatened to levy new tariffs on China, deepening a trade dispute that could depress energy demand.

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  • July 11th, 2018

UK GAS-Prices slide on healthy flows, low demand

British wholesale gas prices fell on Wednesday in an oversupplied market with healthy Norwegian and domestic flows and low demand as temperate weather conditions continue.

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