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Energy Services News

  • February 2nd, 2018

UK GAS-Prompt prices rise ahead of cold weather snap

British prompt gas prices rose on Friday morning as demand increased ahead of colder weather. ›

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  • February 2nd, 2018

U.S. oil prices extend gains on compliance with output cuts

Oil rose for a third day on Friday after a survey showed strong compliance with output cuts by OPEC and others including Russia, offsetting concerns about surging U.S. production. ›

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  • February 1st, 2018

UK GAS-Prices higher driven by colder weather outlook

British wholesale gas prices rose on Thursday morning as expectations for colder weather at the weekend and next week drove up demand. ›

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  • February 1st, 2018

Oil rises as OPEC compliance eclipses boom in US output

Oil rose on Thursday after a survey showed OPEC’s commitment to its supply cuts remains in place, even as U.S. production topped 10 million barrels per day for the first time since 1970. ›

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  • January 31st, 2018

EUROPE POWER-Year-ahead power contracts at multi-week lows

European year-ahead electricity contracts for 2019 delivery hit multi-weeks low on Wednesday, pressured by the sharp fall in fuels and carbon emission prices, while prices at the front end of the curve were lifted by forecasts for cold weather. ›

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  • January 31st, 2018

UK GAS-Expected cold weather sparks price rebound

British wholesale gas prices rose on Wednesday as forecasts of colder weather raised expectations for stronger demand. ›

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  • January 31st, 2018

Oil prices fall for third day as US inventory build-up weighs

Oil prices fell for a third day on Wednesday after data from an industry body showed U.S. crude stocks rose more than expected last week, while a selloff in other commodities, stocks and bonds added to investors’ bearish mood. ›

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  • January 30th, 2018

EUROPE POWER-Day-ahead power prices slip on surging wind volumes

European spot electricity prices for day-ahead delivery fell on Tuesday, pressured by forecasts for surging wind power volumes amid tepid electricity demand. ›

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  • January 30th, 2018

UK GAS-Prices rise on cooler weather forecasts

British wholesale gas prices rose on Tuesday as forecasts for cooler weather after an unseasonably mild spell boosted demand expectations. ›

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  • January 30th, 2018

Oil prices extend declines on stronger dollar, rising U.S. output

Oil prices fell on Tuesday for a second day as rising U.S. output and a strengthening dollar sapped demand for crude, pushing Brent below $69 a barrel for the first time in six days. ›

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