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Energy Services News

  • October 16th, 2017

EUROPE POWER-French forward curve prices fall, prompt prices mixed

French forward electricity prices fell on Monday in response to a warm medium-term temperature outlook which triggered profit-taking from high levels reached last week on the back of nuclear supply tightness. ›

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  • October 16th, 2017

UK GAS-Within-day price slips on mild temperatures, strong winds

The within-day British wholesale gas price fell on Monday morning as unseasonably warm temperatures and strong winds led to an oversupplied market. ›

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  • October 16th, 2017

Oil rises as fighting escalates in Iraq’s oil-rich Kirkuk

Oil markets jumped on Monday as Iraqi forced entered the oil city of Kirkuk, taking territory from Kurdish fighters and raising concerns over exports from OPEC’s second-largest producer. ›

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  • October 13th, 2017

UK gas prices rise on higher exports, low wind & weak LNG

British wholesale gas prices rose on Friday morning as higher exports to Belgium, low power wind output and weak liquefied natural gas (LNG) terminal flows left the system undersupplied. ›

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  • October 13th, 2017

Oil rises on tighter US market, strong China imports

Oil prices rose on Friday as both U.S. crude production and inventories declined, pointing towards a tightening market. ›

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  • October 12th, 2017

UK GAS-Prices fall on higher imports, oversupply

British wholesale gas prices fell on Thursday morning as higher imports from Norway contributed to an oversupplied market. ›

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  • October 12th, 2017

Oil slips despite expected OPEC extension of output cuts

Oil prices slipped on Thursday as U.S. fuel inventories rose despite efforts by OPEC to cut production. ›

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  • October 11th, 2017

UK natural gas: Spot mixed on Norwegian maintenance, curve bullish

NBP spot contracts were mixed Wednesday mid-morning, with day- ahead trading lower on higher supply expectations due to increased Norwegian flows, with Kollsnes maintenance ending Thursday early morning, and within-day marginally higher supported by heavy MRS withdrawals. ›

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  • October 11th, 2017

Analysts raise EU carbon price forecasts on expectations of market reform – survey

Analysts have raised their forecasts for European carbon prices in the bloc’s Emission Trading System (ETS) to 2019 on expectations that plans to reform the market will significantly curb oversupply. ›

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  • October 11th, 2017

UK GAS-Prompt prices fall on warm weather and high wind levels

British prompt gas prices fell on Wednesday as forecasts for warm weather and strong wind, supported by easing gas demand, led to an oversupplied system, traders said. ›

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