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Energy Services News

  • April 24th, 2018

Brent oil hits highest since late 2014 as supplies tighten amid strong demand

Brent crude oil rose for a sixth day on Tuesday to hit its highest since November, 2014 at over $75 a barrel, buoyed by expectations that supplies will tighten just as demand reaches record levels. ›

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  • April 23rd, 2018

UK prompt power prices rise on fading solar and cooler weather

UK day-ahead power contracts began the week on a bullish note in Monday’s trading session on the back of forecasts for easing solar output and cooler temperatures lifting demand. ›

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  • April 23rd, 2018

UK GAS-Prices rise on falling temperatures

British wholesale gas prices rose on Monday morning on forecasts of falling temperatures this week. ›

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  • April 23rd, 2018

Oil dips as U.S. drilling tempers otherwise bullish sentiment

Oil prices dipped on Monday as a rising U.S. rig count implied further increases in output, marking one of the few factors tamping back crude in an otherwise bullish environment. ›

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  • April 20th, 2018

UK GAS-Prices rise as Norwegian outage curtails flows

British wholesale gas prices rose on Friday morning as an unplanned outage in Norway curtailed flows ›

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  • April 20th, 2018

Oil dips but remains close to late-2014 highs on supply cuts, strong demand

Oil prices on Friday stayed near three-year highs reached earlier this week, with ongoing OPEC-led supply cuts and strong demand gradually drawing down excess supplies. ›

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  • April 19th, 2018

UK GAS-Prices gain more ground on Norwegian gas field outage

British wholesale gas prices gained more ground on Thursday afternoon after an outage at a Norwegian field was announced by operator Gassco. ›

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  • April 19th, 2018

Oil at fresh highs on Saudi seeking price hike, U.S. stocks draw

Oil prices rose on Thursday to their highest since late 2014 as U.S. crude inventories declined, moving closer to five-year averages, and after sources told Reuters top exporter Saudi Arabia is seeking to push oil prices higher. ›

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  • April 19th, 2018

UK GAS-Prices up on weak wind, low Norway flows

British wholesale gas prices rose on Thursday on forecasts for weaker wind power output which, with low flows from Norway, increased demand for gas-fired electricity. ›

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  • April 19th, 2018

Outages reduce Norwegian natural gas flows to UK, European continent

Planned and unplanned outages continued to bedevil Norwegian natural gas flows to the UK and European continent Thursday. ›

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