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Industry News from Energy Services

  • 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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  • March 17th, 2016

UK Gas – Stronger oil lifts curve, prompt broadly steady

British long-term gas prices gained on Thursday morning, lifted by stronger oil, while prompt prices were broadly steady as the system’s balance flipped from surplus to deficit. ›

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  • March 17th, 2016

Oil Advances as U.S. Output Falls Amid Slowing Stockpile Growth

Oil gained for a second day after climbing the most in more than three weeks as U.S. output fell and stockpile growth slowed. ›

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  • March 16th, 2016

UK Gas – Prompt gas prices rise as demand outstrips supply

British spot gas prices rose on Wednesday as maintenance at the Britannia gas field curbed gas supplies while forecasts for low wind power output led to strong demand from gas-fired generators. ›

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  • March 16th, 2016

Oil Climbs as Producers Plan to Meet Next Month in Doha

Oil rallied after the biggest two-day slump in a month as some OPEC members planned to meet with other producers next month to resume talks on capping production. ›

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