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Energy Services News

  • June 5th, 2018

European spot power prices surge on tight supply, curve gains

European spot prices firmed Tuesday morning, supported by tight supply, accumulating outages and low renewables supply, traders said. ›

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  • June 5th, 2018

Oil edges higher on bargain hunting, US stocks outlook

Crude oil futures were higher during mid-afternoon trade in Asia Tuesday on bargain hunting after an overnight price fall and expectations of a continuing drawdown in crude inventories in the US. ›

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  • June 5th, 2018

UK GAS-Prices mostly higher ahead of outages and lower temperatures

British wholesale gas prices were mostly higher on Tuesday morning as temperatures fell and ahead of several planned outages. ›

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  • June 4th, 2018

UK GAS-Prices up on colder weather and low Norway supplies

British wholesale gas prices rose on Monday morning as lower temperatures forecast for the week and maintenance at Norway’s gas export facilities increased demand and created a supply shortage.

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  • June 4th, 2018

Crude oil prices ease on prospects of higher world supplies

Crude oil futures lost more ground on Monday as the market was weighed down by U.S. output climbing to a record-high and expectations that OPEC members will raise supplies.

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  • June 1st, 2018

UK spot power prices track gas lower, curve follows trend

UK day-ahead power prices for Monday fell Friday amid lower NBP gas prices, while the curve followed a similar trend, mirroring lower carbon allowance for December. ›

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  • June 1st, 2018

UK GAS-Prices mostly down on healthy supply, reduced demand

British wholesale gas prices were mostly down on Friday morning due to a well-supplied system and expected reduced consumption. ›

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  • June 1st, 2018

Oil prices steady amid U.S. supply growth, OPEC uncertainty

Crude futures regained ground after early losses on Friday, but the U.S. benchmark is set for a second consecutive week of declines as U.S. oil output comes close to matching that of top producer Russia. ›

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  • May 31st, 2018

UK GAS-Prices extend gains far beyond seasonal norms on outages

British wholesale gas prices rose on Thursday as several installations prepared for – or were already in – outage, climbing far above seasonal averages despite consumption staying below norms for this time of the year. ›

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  • May 31st, 2018

Oil prices ease after sharp gains; eyes on OPEC supply moves

Oil prices eased slightly on Thursday following a rally in the previous session, as investors eyed a surprise increase in U.S. crude oil inventories and looked to a possible rise in output when OPEC and other producers meet in June. ›

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