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Energy Services News

  • October 11th, 2017

French 2018 power hits record high on nuclear concern, strong fuel prices

French power delivery for 2018 hit a record high of 43.3 euros ($51.21) a megawatt hour (MWh) on Wednesday, up 1.9 percent on the day, driven by concern about prospective supply from French nuclear reactors. ›

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  • October 11th, 2017

Oil rises on signs of tighter market, but 2018 looks more uncertain

Oil prices edged up on Wednesday, rising for a third day on signs that markets are gradually tightening after years of oversupply, although the outlook for 2018 remained less certain. ›

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  • October 10th, 2017

UK GAS-Prices fall in heavily oversupplied market

British wholesale gas prices fell on Tuesday morning as brisk withdrawals from underground storage sites and a halt in exports to Belgium left the system heavily oversupplied. ›

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  • October 10th, 2017

Oil prices stable as OPEC says market is rebalancing

Oil prices were steady on Tuesday as OPEC said there were clear signs the market was rebalancing and as U.S. production remained offline following Hurricane Nate. ›

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  • October 9th, 2017

UK GAS-Prices rise on lower Norwegian supply

British wholesale gas prices rose on Monday morning due to a decline in flows from Norway. ›

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  • October 9th, 2017

Oil up on expectation of Saudi production restraint, lower US rig count

Oil prices edged up on Monday, after a 2 percent slide on Friday, on expectations that Saudi Arabia would continue to restrain its output in order to support prices, and as the amount of rigs drilling for new oil in the United States dipped. ›

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  • October 6th, 2017

UK GAS-Prices fall due to oversupply, lower demand

British wholesale gas prices fell on Friday as increased flows from Norway created an oversupplied system and demand declined. ›

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  • October 6th, 2017

Oil Set for First Weekly Loss in a Month as Storm Heads to U.S.

Oil is set for the first weekly decline since early September on rising global output as Tropical Storm Nate moves toward the U.S. Gulf. ›

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  • October 5th, 2017

UK GAS-Prices rise as lower temperatures lift demand

British wholesale gas prices rose on Thursday morning as lower temperatures lifted heating demand and on expectations of less wind power output. ›

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  • October 5th, 2017

Oil Trades Near $50 as U.S. Export Surge Revives Glut Concerns

Oil traded near $50 a barrel after three days of declines as a flood of U.S. crude exports revived concerns that a global glut will persist. ›

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