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Energy Services News

  • December 5th, 2017

Oil prices fall ahead of U.S. crude stocks data

Oil prices fell on Tuesday ahead of U.S. crude inventories data, as the market weighed the impact of rising U.S. crude output versus last week’s deal between OPEC and other crude producers to extend output curbs. ›

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  • December 4th, 2017

EU Power – Spot mixed on wind supply, cold demand; coal supports 2018 prices

European spot electricity prices were mixed on Monday, as the market factored in higher wind power supply and extra cold weather demand, while stronger coal prices supported year-ahead power including a contract high in France. ›

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  • December 4th, 2017

UK GAS-Prices increase on expectations of colder weather

British wholesale gas prices rose on Monday morning on expectations of lower temperatures later this week. ›

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  • December 4th, 2017

Oil prices fall after US drillers add rigs

Oil fell on Monday after U.S. shale drillers added more rigs last week, but prices still held close to their highest since mid-2015, supported by an extension of output cuts agreed last week by OPEC and other producers. ›

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  • December 1st, 2017

UK GAS-Prices rise due to higher demand, undersupply

British wholesale gas prices rose on Friday due to cold temperatures which raised consumption levels and an undersupplied system.  ›

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  • December 1st, 2017

EUROPE POWER-Monday prices fall on higher German wind power supply

European power prices for next Monday came under selling pressure in wholesale market trade on Friday as strong wind output was forecast from German turbines which should boost supply in the interconnected region. ›

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  • December 1st, 2017

Oil prices gain after OPEC extension of output cut

Oil futures rose on Friday after OPEC and other major producers agreed to extend their production curbs in a widely expected move aimed at ending a persistent glut in global supplies ›

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  • November 30th, 2017

UK GAS-Prices down on milder weather and strong Norway flows

British wholesale gas prices fell on Thursday, driven by forecasts for milder weather and high Norwegian flows that created an oversupplied system, traders said. ›

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  • November 30th, 2017

Oil edges up ahead of OPEC meeting in Vienna, but uncertainty lingers

Oil prices edged up on Thursday, ahead of an OPEC meeting in Vienna at which producers are expected to extend a supply-cut deal that came into effect in January with the goal of tightening supplies and propping up prices. ›

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  • November 29th, 2017

Oil falls on doubts over extending output cuts, surprise rise in US crude stocks

Oil prices fell on Wednesday on doubts OPEC and Russia will agree on extending a crude production cut that the market has already priced in, and after a report of an unexpected rise in U.S. crude oil inventories.

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