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Energy Services News

  • April 4th, 2016

Oil Drops After Saudis Say Will Freeze Output Only If Iran Joins

Oil extended declines after Saudi Arabia’s deputy crown prince said the kingdom will freeze output only if Iran follows suit, putting in doubt the success of a proposed deal between major producers. ›

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  • April 1st, 2016

UK Gas – Day-ahead prices fall as warmer weather outlook dents demand

British wholesale gas prices were mostly down on Friday at the start of the new summer gas season, as milder weather forecasts for the weekend and next week lowered gas demand for heating. ›

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  • April 1st, 2016

Oil prices fall on oversupply worries, firmer dollar

Oil futures fell on Friday as oversupply, a strengthening dollar and weaker Asian stock markets dragged on sentiment, but data showing lower U.S. oil output helped put a floor under prices. ›

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  • April 1st, 2016

Energy Services April 2016 Newsletter

The Energy Services April 2016 newsletter is now ready to view. ›

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  • March 31st, 2016

UK Gas – Prices decline due to oversupply

British wholesale gas prices declined on Thursday morning due to oversupply, a day ahead of the new summer gas season which usually sees lower demand due to warmer temperatures. ›

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  • March 31st, 2016

Oil falls as US crude stocks hit record for 7th week in a row

Oil futures fell in Asian trade on Thursday, with U.S. crude hitting the lowest level in more than two weeks, amid renewed worries of global oversupply after U.S. crude inventories rose to a record high. ›

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  • March 30th, 2016

UK day-ahead power prices steady as dip in demand offset by weakened wind

UK day-ahead power prices were steady Wednesday as a slight dip in demand levels is likely to be offset by declining wind generation. ›

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  • March 30th, 2016

UK GAS-Prices rise as lower wind output boosts gas demand

British prompt gas prices rose early on Wednesday due to an undersupplied system as lower wind power generation boosted demand for gas-fuelled power plants. ›

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  • March 30th, 2016

Oil Advances on Weaker Dollar Before U.S. Crude Stockpile Data

Oil rose as the dollar weakened and before U.S. government data forecast to show crude stockpiles expanded for a seventh week. ›

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  • March 29th, 2016

Oil prices fall as investors’ faith in rally wanes

Oil prices fell on Tuesday, reflecting growing concerns that a two-month rally may be in danger of fizzling, while analysts forecast another rise to record levels for U.S. crude stockpiles. ›

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