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Energy Services News

  • May 16th, 2018

Oil dips on signs of ample supply despite OPEC cuts, Iran sanctions

Oil prices fell on Wednesday, weighed down by ample supplies despite ongoing output cuts by producer cartel OPEC and looming U.S. sanctions against major crude exporter Iran. ›

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  • May 15th, 2018

UK GAS-Prices mixed on forecasts for warmer Tuesday, colder Wednesday

British prompt gas prices were mixed on Tuesday morning, with revised forecasts for higher temperatures depressing within-day prices and expectations for a cooler Wednesday lifting day-ahead gas. ›

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  • May 15th, 2018

Oil holds gains as markets tighten amid OPEC cuts, Iran sanctions

Oil prices held firm on Tuesday as ongoing production cuts by OPEC and looming U.S. sanctions against Iran tightened the market amid signs of ongoing strong demand. ›

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  • May 14th, 2018

UK GAS-Wholesale prices dip as milder weather drags on demand

British gas prices fell on Monday as weaker commercial and residential demand and rising supply from Norway made the system oversupplied. ›

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  • May 14th, 2018

Oil falls away from multi-year highs on surge in US drilling, Iran sanctions opposition

Oil prices on Monday fell away from last week’s multi-year highs as a relentless rise in U.S. drilling activity pointed to increased output, while resistance emerged in Europe and Asia to U.S. sanctions against major crude exporter Iran. ›

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  • May 11th, 2018

UK GAS-Prices dip as supply spikes following outages

British wholesale gas prices fell on Friday as rising production and lower demand for power generation led to oversupply. ›

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  • May 11th, 2018

Oil dips from recent highs on hopes of alternatives to Iran supply

Oil prices dipped on Friday, easing from multi-year highs in the previous session on hopes that alternative supplies could replace a looming drop in Iranian exports from U.S. sanctions. ›

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  • May 10th, 2018

UK GAS-Prices rise on undersupply and higher oil, coal

British wholesale prices rose on Thursday morning as several domestic production outages created undersupply and as higher oil and coal prices providing some upward direction. ›

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  • May 10th, 2018

Oil prices hit highest in years as markets adjust to looming sanctions on Iran

Oil prices clocked up more multi-year highs on Thursday as traders adjusted to the prospects of renewed U.S. sanctions against major crude exporter Iran amid an already tightening market. ›

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  • May 9th, 2018

EUROPE POWER-Germany’s Cal’19 lifted to latest high by fuels, carbon

European year-ahead electricity contracts extended gains on Wednesday with the German Cal’19 hitting a record high, lifted by coal, gas, carbon emission and oil prices. ›

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