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Energy Services News

  • May 29th, 2018

Oil falls as investors brace for output increases

Oil edged lower on Tuesday, pressured by expectations that Saudi Arabia and Russia could pump more crude to compensate for a potential supply shortfall. ›

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  • May 24th, 2018

UK GAS-Prices mostly up as maintenance in Norway curbs supplies

British wholesale gas prices were mostly higher on Thursday morning as additional maintenance at Norway’s gas export facilities created a supply shortage. ›

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  • May 24th, 2018

Oil prices drop on expectations OPEC could boost output

Oil prices fell on Thursday on expectations that OPEC members will step up production in the face of worries over supply from both Venezuela and Iran. ›

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  • May 21st, 2018

UK GAS-Prices decline on warmer weather

British wholesale gas prices fell on Monday morning as warm weather reduced demand. ›

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  • May 21st, 2018

Oil prices rise as China, U.S. put trade war ‘on hold’

Oil prices rose on Monday as markets reacted to news that China and the United States have put a looming trade war between the world’s two biggest economies “on hold”.

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  • May 18th, 2018

UK GAS-Contracts dip on warmer weather, price premium over Europe

British wholesale gas prices fell on Friday as warmer weather forecasts for early next week reduced heating demand, domestic output rose and exports to mainland Europe fell. ›

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  • May 18th, 2018

Oil prices firm on OPEC cuts, strong demand and looming Iran sanctions

Oil prices held firm on Friday on strong demand, ongoing supply cuts led by producer cartel OPEC and looming U.S. sanctions against major crude exporter Iran. ›

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  • May 17th, 2018

UK GAS-Prices rise as crude oil nears $80/barrel mark

British wholesale gas prices rose on Thursday, tracking benchmark crude oil contracts higher, and as a cool spell continued and minor outages dented supplies. ›

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  • May 17th, 2018

Oil hits highest since Nov 2014 as Brent edges closer to $80

Oil prices hit their highest level since November 2014 on Thursday, with Brent crude creeping ever closer to $80 per barrel as supplies tighten and demand remains strong. ›

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  • May 16th, 2018

UK GAS-Day-ahead lifted by lower temperatures, wind output

British gas for day-ahead delivery rose on Wednesday morning as a dip in temperatures and lower forecast wind output increased demand but most of the rest of the curve declined on oversupply ›

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