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Energy Services News

  • July 8th, 2016

Oil Trims Weekly Drop as U.S. Production Falls Most Since 2013

Oil trimmed its biggest weekly decline in five months as investors weighed the largest drop in U.S. output since 2013 against a smaller-than-expected stockpile decline. ›

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  • July 7th, 2016

Oil prices edge up on U.S. crude stock draw, but slowing economies weigh

Oil prices edged up on Thursday, supported by a report of another fall in U.S. crude inventories as well as a weaker dollar, although a glut of refined products and economic growth concerns continue to drag on markets. ›

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  • July 6th, 2016

UK Gas – Prices decline on improved supply, reduced demand outlook

British wholesale gas prices mostly declined on Wednesday due to expectations of improved supply and less demand from gas-fired power plants over the weekend and next week and amid a general slump in financial markets. ›

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  • July 6th, 2016

Oil Trades Near 1-Week Low Before Supply Data Amid Risk Aversion

Oil traded near a one-week low as investors fled to haven assets including gold and the yen amid renewed concern the U.K.’s decision to leave the European Union will hinder global growth. ›

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  • July 5th, 2016

UK Gas – Prices down on storage injections, exports to Europe

British wholesale gas prices declined on Tuesday morning on more injections into medium range storage facilities and continued exports to Europe. ›

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  • July 5th, 2016

Brent Oil Falls Below $50 After Nigeria Boosts Crude Production

Brent crude sunk below $50 a barrel as estimates showed Nigerian production rose last month following repairs to infrastructure that had been damaged by militant attacks. ›

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  • July 4th, 2016

Energy Services – July 2016 Energy Newsletter

In this edition see how the Bexit vote effected the UK energy markets with price movements becoming more and more volatile. ›

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  • July 4th, 2016

UK Gas – Prices rise on tighter system as Norwegian supply dips

British prompt gas prices rose on Monday as demand rose due to a lower supply from Norway, a high level of exports to Europe and lower wind generation. ›

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  • July 4th, 2016

Brent Oil Trades Near $50 as Nigeria Militants Carry Out Attacks

Brent crude traded near $50 a barrel as Nigerian militants claimed fresh attacks over the weekend, threatening to deepen the country’s biggest output losses in decades. ›

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  • July 1st, 2016

UK Gas – Prompt prices inch down on oversupply

British prompt gas prices inched down on Friday morning due to an oversupplied system amid thin trade. ›

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