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Energy Services News

  • November 13th, 2017

EUROPE POWER-Day-ahead lower but prices for later in week up on more demand

European wholesale power prices showed a mixed picture with the day-ahead below what was paid for Monday as wind power production increased, while prices for delivery later this week gained strongly on colder weather bringing rising demand. ›

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  • November 13th, 2017

UK GAS-Within-day price rises as cool weather boosts demand

The British wholesale gas price for within-day delivery rose on Monday morning as cooler temperatures boosted demand. ›

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  • November 13th, 2017

Oil markets cautious on Middle East tensions, increased US drilling

Oil trading was cautious on Monday amid ongoing tensions in the Middle East and after a rising rig count in the United States suggested producers there are preparing to increase output. ›

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  • November 10th, 2017

UK GAS-Prices down due to oversupply

British wholesale gas prices declined on Friday morning due to oversupply. ›

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  • November 10th, 2017

Oil markets stable as markets tighten, but analysts expect volatility ahead

Oil markets were slightly down but stable on Friday, supported by ongoing supply cuts and strong demand which have resulted in a tightening market, although the prospect of rising U.S. output capped prices. ›

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  • November 10th, 2017

French power prices jump for early next week as weather turns colder

The arrival of cold winter weather on Friday boosted French prompt power prices in the European wholesale market as it lifted demand for electric heating in the nuclear-reliant country, where a number of reactors have recently lengthened outage periods. ›

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  • November 9th, 2017

UK GAS-Cooler weather forecast lifts prompt prices

British wholesale gas prices rose on Thursday on a colder weather forecast over the next 15 days and higher exports to Belgium, tightening supply outlooks. ›

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  • November 9th, 2017

Oil markets stable, but doubts over recent bull run emerge

Oil prices held steady on Thursday after falling late in the previous session, supported by ongoing supply cuts led by OPEC and Russia. ›

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  • November 9th, 2017

EU strikes deal on carbon market reform

European Union negotiators agreed to a compromise on carbon market reforms on Thursday, with the bloc keen for a deal this week to show leadership at U.N. climate talks in Bonn. ›

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  • November 9th, 2017

UK day-ahead power prices below France, UK continues exports to France via IFA

UK day-ahead power prices edged lower Wednesday to remain below French day-ahead, with UK power traders expecting continued arbitrage play through to the end of December. ›

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