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Energy Services News

  • June 21st, 2018

EUROPE POWER-Spot prices fall on higher wind volumes, easing consumption

European prompt power prices on Thursday fell for the third day running on weak demand and forecasts for rising German wind power supply. ›

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  • June 21st, 2018

UK GAS-Prices fall on low demand, ample supply

British wholesale gas prices fell on Thursday as supply was more than enough to meet unseasonably low demand in part due to the continued closure of an export route. ›

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  • June 21st, 2018

Oil falls as OPEC nears deal to raise production

Oil prices fell on Thursday as crude exporters in OPEC appeared to be nearing a deal to increase production. ›

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  • June 20th, 2018

UK GAS-Day-ahead price up on lower supply

British wholesale day-ahead gas prices rose on Wednesday after posting losses in the previous session as an ongoing outage in Norway restricted supplies and as flows into Shell’s St Fergus terminal fell. ›

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  • June 20th, 2018

EUROPE POWER-Prompt prices plummet on higher German wind power supply

European spot power prices on Wednesday fell sharply on forecasts for rising German wind power supply volumes, while demand for electricity was flat. ›

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  • June 20th, 2018

Oil up on US stocks, Libya ahead of OPEC meeting

Oil prices rose on Wednesday, supported by a drop in U.S. commercial crude inventories and the loss of storage capacity in Libya, with investors cautious ahead of a biannual meeting of OPEC exporters to decide production policy. ›

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  • June 19th, 2018

UK GAS-Prices slip on oversupply, export route shutdown

British wholesale gas prices slipped on Tuesday morning, as the shutdown of the country’s main gas export pipeline contributed to an oversupplied market. ›

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  • June 19th, 2018

Oil falls on spiralling U.S.-China trade dispute, rising output

Oil prices fell nearly one percent on Tuesday as an escalating trade dispute between the United States and China triggered sharp selloffs in many global markets. ›

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  • June 19th, 2018

European winter power rises sharply on Belgian nuclear outage revisions

A series of revisions to nuclear power outages in Belgium announced Monday lifted fourth-quarter 2018 power prices across Europe. ›

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  • June 18th, 2018

EUROPE POWER-Higher demand lifts prompt prices, curve up with CO2

European spot power prices on Monday rose on predictions of sharp day-on-day increases in consumption, driven by rising temperatures in the region. ›

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