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Energy Services News

  • January 29th, 2018

German, French spot power prices surge as wind output plummets

German and French day-ahead power prices soared Monday on expectations for significantly lower wind output in both countries, with lignite capacity in Germany set to rise following planned maintenance works. ›

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  • January 29th, 2018

UK GAS-Within-day down on mild weather and strong wind

British within-day gas prices fell on Monday as mild temperatures and expectations for high wind output curbed demand, leaving the system oversupplied, said traders. ›

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  • January 29th, 2018

Oil dips as U.S. output rises, still set for strongest January in five years

Oil dipped on Monday as soaring North American production was seen undermining efforts led by OPEC and Russia to tighten supplies, but prices were still on track for their strongest start to the year in five years. ›

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  • January 26th, 2018

EUROPE POWER- Monday prices down on fundamentals, months and quarters rise

Europe’s wholesale electricity market was mixed on Friday with prompt prices for early next week off on bearish fundamentals, while monthly and quarterly positions rose on forecasts of cooler weather and plans for French nuclear outages. ›

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  • January 26th, 2018

UK GAS-Prices slightly higher despite oversupply

British wholesale gas prices were slightly higher on Friday morning on expectations of colder weather even though the system was oversupplied. ›

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  • January 26th, 2018

Oil firms as dollar falls further, but weaker crude demand looms

Oil prices reversed earlier falls on Friday as ongoing weakness in the U.S. dollar was seen supporting fuel consumption. ›

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  • January 25th, 2018

UK day-ahead power prices rebound as wind set to halve Friday

The UK day-ahead power price surged on a forecast halving in wind output for Friday’s peak hours. ›

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  • January 25th, 2018

UK GAS-Prices fall on mild weather and high wind output forecasts

British wholesale gas prices fell on Thursday as mild temperatures and expectations for high wind output reduced demand. ›

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  • January 25th, 2018

EUROPE POWER- European day-ahead power prices up on lower wind generation

European spot electricity prices for day-ahead delivery posted strong gains on Thursday as forecasts showed wind power generation plunging day-on-day, while consumption will rise in France due to cold weather. ›

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  • January 25th, 2018

Oil hits $71 for first time since 2014 on tighter supply and weak dollar

Oil hit $71 a barrel on Thursday for the first time since 2014, supported by OPEC-led supply curbs, a record-breaking run of declines in U.S. crude inventories and a weaker U.S. dollar. ›

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