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Energy Services News

  • January 24th, 2018

EUROPE POWER-Forecast fall in wind output lifts spot electricity prices

European spot electricity prices for day-ahead delivery soared on Wednesday on the back of a forecast slump in power generation from renewable wind turbines, while week-ahead contracts fell on a mild weather outlook. ›

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  • January 24th, 2018

UK GAS-Prices dip on high wind output, mild temperatures

British prompt gas prices fell on Wednesday morning, as forecasts of high output from the country’s wind farms and mild temperatures for the time of year curbed demand. ›

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  • January 24th, 2018

Oil dips on higher U.S. fuel stocks, but overall market remains supported

Oil prices fell on Wednesday, weighed by data showing an increase in U.S. crude oil and gasoline inventories. ›

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  • January 23rd, 2018

EUROPE POWER-European day-ahead power prices slump on higher wind output

European spot electricity prices for day-ahead delivery tumbled in the wholesale market on Tuesday on an expected increase in wind power generation, while consumption was forecast to fall. ›

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  • January 23rd, 2018

UK GAS-Prices mixed as colder forecast helps lift some contracts

British wholesale gas prices were mixed on Tuesday as colder weather forecasts lifted some contracts, while gas for immediate delivery fell in response to near-term oversupply due to weakening demand. ›

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  • January 23rd, 2018

Oil rises on IMF economic growth outlook, OPEC-Russian supply curbs

Oil prices rose on Tuesday, lifted by healthy economic growth as well as the ongoing supply curtailments by a group of exporters including OPEC and Russia. ›

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  • January 22nd, 2018

EUROPE POWER-Day-ahead up on tighter supply, week 2 up on cooler trend

European wholesale power prices for next day delivery rose on Monday, along with those for the week starting Feb. 5, due to bullish weather and demand patterns that overrode comfortable thermal supply in mid-winter. ›

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  • January 22nd, 2018

UK GAS-Prices decline due to milder temperatures, wind output

British wholesale gas prices declined on Monday morning as milder temperatures forecast for this week and strong wind output reduced demand. ›

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  • January 22nd, 2018

Oil rises as Saudi Arabia says producers will cooperate beyond 2018

Oil prices climbed on Monday, pushed higher by comments from Saudi Arabia that cooperation between oil producers who are withholding supplies would continue beyond 2018. ›

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  • January 19th, 2018

UK GAS-Prompt prices mixed as weather dominates

British prompt gas prices were mixed on Friday, with undersupply buoying the within-day contract and milder weather forecasts depressing the day-ahead price. ›

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