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Energy Services News

  • February 8th, 2018

Oil slides as US output soars and North Sea crude flows restart

Oil prices hit their lowest in six weeks on Thursday after data showed U.S. crude output had reached record highs and the North Sea’s largest crude pipeline reopened following an outage. ›

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  • February 7th, 2018

UK GAS-Prices rise due to higher demand

British wholesale gas prices rose on Wednesday morning as demand increased due to cold temperatures and lower wind output ›

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  • February 7th, 2018

Oil prices rise on report of lower U.S. crude inventories

Oil prices rose on Wednesday, lifted by a report that U.S. crude inventories fell last week, although analysts warned that soaring U.S. output and a seasonal demand drop could soon weigh on crude. ›

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  • February 6th, 2018

EUROPE POWER-Weakness in fuels, carbon emissions weigh on forward power prices

European forward power prices slipped on Tuesday as forecasts showed the weather turning mild and wind power generation rising next week, while lower prices for oil, coal and gas and lower carbon emission prices weighed on year-ahead contracts. ›

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  • February 6th, 2018

UK GAS-Prompt prices rise as cold snap lifts demand

British prompt gas prices rose on Tuesday morning as cold weather increased demand. ›

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  • February 6th, 2018

Oil prices slump amid global market rout

Oil prices slumped on Tuesday, extending falls from the previous session as global financial markets tumbled lower in the wake of one of the biggest intra-day falls ever registered on Wall Street. ›

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  • February 5th, 2018

EUROPE POWER-Cold spell lifts spot power prices as fuels, carbon weigh on curve

European spot electricity prices for day-ahead delivery rose on Monday on the back of increased demand at the start of a forecast cold week across western Europe, while contracts further in the curve fell tracking weaker fuels and carbon. ›

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  • February 5th, 2018

UK GAS-Prices down on strong Norwegian flows

British wholesale gas prices declined on Monday due to strong flows from Norway which kept the system oversupplied and on expectations for slightly higher temperatures later in the week. ›

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  • February 5th, 2018

Oil prices fall amid market sell off, Brent near one-month low

Oil prices on Monday extended declines from the end of last week amid a wider market sell off and a stronger dollar, with Brent crude falling to its lowest in nearly a month. ›

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  • February 2nd, 2018

EUROPE POWER-Power prices for early next week lifted by cold forecast

European spot electricity contracts for early next week delivery rose on Friday on the back of forecasts showing a prolonged cold snap next week with average temperatures several points below seasonal levels, which will boost power demand. ›

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