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Energy Services News

  • June 11th, 2018

EUROPE POWER-Day-ahead spot prices lifted by higher demand, curve slip

European year-ahead electricity contracts slipped on Monday tracking the fall in oil, gas and carbon emission prices, while day-ahead prompt power was lifted by forecasts for increased consumption. ›

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  • June 11th, 2018

UK GAS-Prices mixed on increased Norway flows, weather and storage injections

British wholesale gas prices were mixed on Monday morning with within-day falling on increased Norwegian flows and warmer-than-expected temperatures, while forecasts for colder weather from Tuesday and coming storage injections boosted the day-ahead. ›

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  • June 11th, 2018

Oil prices slip as U.S. and Russian supplies grow

Oil prices slipped on Monday, pulled down by rising Russian production and as U.S. drilling activity rose to its highest in more than three years. ›

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  • June 8th, 2018

UK GAS-Prices mixed on lower Norway flows, weak wind

British wholesale gas prices were mixed on Friday morning with low Norwegian flows and weak wind power output boosting the within-day contract, while forecasts for higher temperatures caused a slight drop in the day-ahead contact ›

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  • June 8th, 2018

Oil prices fall on dip in China demand, surging U.S. output

Oil prices fell on Friday, reversing early gains as signs of weakening demand in China and surging U.S. output weighed on markets despite support from supply woes in Venezuela and OPEC’s production cuts. ›

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  • June 7th, 2018

UK GAS-Prompt edges lower as domestic production increases

British prompt gas prices declined on Thursday morning as some gas terminals started to ramp up after outages and amid low demand. ›

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  • June 7th, 2018

Oil prices rise on Venezuelan supply troubles, but U.S. output surges

Oil prices on Thursday rose on the back of plunging exports by OPEC-member Venezuela, recovering some ground lost in the previous session, although another surge in U.S. production still weighed on markets, traders said. ›

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  • June 6th, 2018

UK day-ahead power prices edge down on low demand, NBP natural gas

UK day-ahead power prices edged lower Wednesday on warm weather and underlying NBP natural gas prices also falling day on day. ›

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  • June 6th, 2018

UK GAS-Prices mixed amid lower Norwegian flows, output dips

British prompt gas prices dipped on Wednesday ahead of the return of gas fields undergoing outages, while forward contracts were supported by crude oil gains. ›

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  • June 6th, 2018

Oil prices rise on Venezuela export concerns

Oil prices rose on Wednesday after Venezuela raised the prospect of a halt to some crude exports, but gains were capped by reports that the U.S. government had asked Saudi Arabia and some other OPEC producers to increase output. ›

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