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Energy Services News

  • March 29th, 2016

UK GAS-Prompt prices fall on oversupplied system, milder weather

British prompt gas prices fell on Tuesday morning on an oversupplied system as domestic supply and imports from Norway were strong, and demand softened due to milder weather. ›

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  • March 24th, 2016

UK Gas – Within-day prices ease as domestic supplies rise

British gas prices for within-day delivery eased slightly on Thursday morning as a rise in domestic production offset a fall in Norwegian gas imports. ›

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  • March 23rd, 2016

Oil Drops as U.S. Crude Stockpiles Seen Expanding Amid Surplus

Oil fell before U.S. government data forecast to show rising crude stockpiles kept supplies at the highest level in more than eight decades. ›

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  • March 23rd, 2016

UK Gas – Prompt rises as storage withdrawals drop, demand seen higher

British gas prices for prompt delivery rose on Wednesday as storage site withdrawals fell sharply and higher next-day demand outlooks helped support sentiment. ›

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  • March 22nd, 2016

Oil prices swept lower after Brussels blasts spook investors

Oil prices fell on Tuesday, swept lower by investor nervousness after deadly blasts in Brussels prompted a flight towards so-called safe-haven assets such as gold. ›

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  • March 22nd, 2016

UK Gas – Prompt price rise because imports from Norway fall

British gas prices for immediate delivery rose on Tuesday as imports from Norway fell, although higher deliveries from the UK’s continental shelf offset the impact. ›

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  • March 21st, 2016

Oil Drops a Second Day as U.S. Rig-Count Decline Halts Amid Glut

Oil fell for a second day in New York, extending declines from a three-month high, as the number of drilling rigs active in the U.S. rose for the first time in three months amid a global glut. ›

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  • March 21st, 2016

UK GAS-Prices fall as mild weather curbs demand

Prompt British gas prices fell sharply on Monday as a forecast for mild weather and a dip in demand led to an oversupplied market while lower oil prices weighed on contracts along the curve. ›

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  • March 18th, 2016

UK Gas – Prices down on strong Norwegian flows, milder weather outlook

British wholesale gas prices declined on Friday morning on strong flows from Norway, expected milder weather into Easter and some traders taking profit from the previous session’s gains. ›

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  • March 18th, 2016

Oil Holds Gain Near $40 on Weaker Dollar, Falling U.S. Output

Oil held gains near $40 a barrel after the dollar weakened amid signs central banks will continue to provide stimulus, and as U.S. output dropped to the lowest since November 2014. ›

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