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Energy Services News

  • May 2nd, 2018

UK GAS-Norwegian gas diversions and pipe outages lift prices

British prompt gas prices rose on Wednesday as Norway diverted deliveries to mainland Europe at the same time as a pipeline shutdown cut flows into a domestic terminal and created supply shortfalls. ›

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  • May 2nd, 2018

Oil rises on Iran sanction worries, but surging US supplies cap market

Oil prices rose on Wednesday, pushed up by concerns that the United States may reimpose sanctions on major exporter Iran, although soaring U.S. supplies capped gains. ›

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  • May 1st, 2018

UK GAS-Prices down as cold retreats, temperature forecasts raised

Prompt British wholesale gas prices slipped on Tuesday as a brief cold snap retreated and Norwegian gas supplies along one pipeline offset an outage on another. ›

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  • May 1st, 2018

Oil pares gains, market supported by Iran worries

Oil prices held steady on Tuesday as the dollar remained near a four-month high, with crude supported by worries that U.S. President Donald Trump may pull out of the Iran nuclear deal. ›

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  • April 30th, 2018

UK GAS-Prompt prices rise on cooler weather and lower Norwegian imports

Prompt British wholesale gas prices rose on Monday morning as cooler weather lifted demand and imports from Norway fell as gas was re-routed to the continent. ›

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  • April 30th, 2018

Oil slips on rising U.S. rig count; Iran concerns limit downside

Oil prices dipped on Monday after a rising rig count in the United States pointed to higher production there, but markets held near their highest in over three years and remained set for a second straight month of gains. ›

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  • April 26th, 2018

Oil prices rise on concerns over supply disruptions, but surging US output looms

Oil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and the Middle East as well as by strong demand. ›

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  • April 25th, 2018

UK GAS-Prices mostly edge lower as fresh supplies loom, wind power rises

Most British wholesale gas contracts mainly edged lower on Wednesday morning, as fresh supplies of liquefied natural gas (LNG) are expected to arrive this week and forecasts of strong output from the country’s wind farms have curbed demand. ›

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  • April 25th, 2018

Oil dips away from late-2014 highs as rising U.S. supply clouds bull-run

Oil prices on Wednesday fell back from more than three-year highs reached the previous session, as rising U.S. fuel inventories and production weighed on an otherwise bullish market. ›

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  • April 24th, 2018

UK GAS-Prices rise on cooler weather outlook

British wholesale gas prices rose on Tuesday morning on lower temperature forecasts for the end of this week. ›

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