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Energy Services News

  • April 5th, 2023

Gas: UK prices fall on lower consumption, ample supply

British wholesale gas prices fell on Wednesday morning on lower consumption and ample supply, while Dutch prices were largely flat as uncertainty around French nuclear output continued. ›

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  • April 5th, 2023

Oil prices edge up as OPEC+ output cuts, U.S. inventories brighten outlook

Oil prices rose on Wednesday, boosted by expectations of U.S. crude inventory declines as well as the latest output cut targets set by the OPEC+ producer alliance. ›

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  • April 4th, 2023

Gas: Prices mixed on lower imports, above average storage

British and Dutch gas prices were mixed on Tuesday morning as lower temperatures and reduced imports from Norway and Russia lent some support, while stable inventories put pressures on prompt prices. ›

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  • April 4th, 2023

Oil posts gains while attention shifts to demand side

Oil prices rose on Tuesday after OPEC+ plans to cut more production jolted markets the previous day, with investors’ attention shifting to demand trends and the impact of higher prices on the global economy. ›

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  • April 3rd, 2023

Gas: Prices edge up on colder weather, lower wind

British and Dutch gas prices rose on Monday morning as colder weather forecasts and lower wind speeds increased demand and market players remained concerned over hydro levels ahead of summer. ›

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  • April 3rd, 2023

Oil surges as OPEC+ surprise output cuts shake markets

Oil prices surged on Monday, posting the biggest daily rise in nearly a year, after a surprise announcement by OPEC+ to cut more production jolted markets. ›

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  • March 31st, 2023

Gas: Prices edge up on cooler temperatures, lower wind speeds

British and Dutch gas prices edged higher on Friday morning as forecasts for cooler temperatures and lower wind speeds led to expectations of higher demand in the coming days. ›

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  • March 31st, 2023

Oil down with market uncertain over US inflation, employment data

Oil prices ticked down in Asian trade on Friday as bullish sentiment about Chinese demand and potential Middle Eastern supply disruptions was tempered by uncertainty over U.S. economic data to be released later in the day. ›

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  • March 30th, 2023

Oil stable on mixed drivers; market eyes Iraq exports

Oil was nearly steady on Thursday as a surprise drop in U.S. crude stockpiles offset a smaller-than-expected cut to Russian supplies, while investors closely watched developments on Iraqi Kurdistan oil exports. ›

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  • March 29th, 2023

Europe Gas Prices Rise as French Strikes and Cold Weather Linger

European natural gas prices surged as strikes in France continue amid a looming cold snap across much of the continent. ›

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