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Energy Services News

  • January 19th, 2018

Oil prices fall as U.S. output rise outweighs crude stock falls

Oil prices slid on Friday, putting them on course for the biggest weekly falls since October, as a bounce-back in U.S. production outweighed ongoing declines in crude inventories. ›

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  • January 18th, 2018

EUROPE POWER-Day-ahead spot gains on drop in wind power generation

European spot power prices for day-ahead delivery rose in the wholesale market on Thursday, buoyed by forecasts showing a sharp fall in wind electricity generation and increased demand in France because of cold weather. ›

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  • January 18th, 2018

UK GAS-Prices fall as wind power output remains strong

British wholesale gas prices fell on Thursday as strong wind power output helped reduce the call on gas-fired power plants. ›

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  • January 18th, 2018

Oil stable on threats of rebel attacks in Nigeria, falling U.S. crude stocks

Oil prices were stable on Thursday, supported by tighter inventories of crude as well as rebel threats of an attack on Nigeria’s petroleum industry, but the market was weighed down by a reported rise in U.S. fuel stocks. ›

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  • January 17th, 2018

EUROPE POWER-Day-ahead prices up, next week’s down on revised weather, demand

European wholesale spot power prices for day-ahead delivery rose on Wednesday as demand held up firmly while next week’s positions posted losses on forecasts for higher temperatures. ›

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  • January 17th, 2018

UK GAS-Prices decline due to robust supply

British wholesale gas prices declined on Wednesday due to healthy supply and expectations of slightly higher temperatures ›

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  • January 17th, 2018

Oil gives up early gains, but market still well supported

Oil prices gave up some early gains on Wednesday as analysts warned of a downward correction, but remained well supported on the back of tightening supply and strong global demand ›

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  • January 16th, 2018

UK GAS-Oversupply depresses within-day prices, day-ahead up on strong demand

British prompt gas prices were mixed on Tuesday, with oversupply depressing within-day prices while forecasts for strong demand buoyed the day-ahead. ›

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  • January 16th, 2018

Oil prices near three-year highs, supported by healthy demand

Brent crude oil prices held near $70 a barrel on Tuesday, a level not seen since 2014’s dramatic market slump. ›

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  • January 15th, 2018

EUROPE POWER-Coming week prices jump on cold, curve prices fall

European wholesale prices for next week jumped on Monday as colder weather was forecast while forward curve price came down sharply, along with carbon, as Germany’s latest climate policy decisions point to remaining overcapacities. ›

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