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Energy Services News

  • May 29th, 2018

EUROPE POWER-Tighter nuclear and renewables supply boosts spot prices

European prompt power prices rose on Tuesday as indications of tighter nuclear and renewables supply outweighed the bearish effects of slowing demand ahead of a holiday at the end of the week. ›

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  • May 29th, 2018

UK GAS-Prices rise on anticipated outage, scant Norwegian supplies

British wholesale gas prices for day-ahead delivery rose on Tuesday in anticipation of a planned outage at a gas terminal, just as forecasts for gas for power consumption rose. ›

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  • 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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