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Industry News from Energy Services

  • March 7th, 2016

UK Gas – Prompt mostly down on milder weather outlook

British wholesale gas traded mixed on Monday morning, as prompt prices declined on expectations of milder temperatures and increased supply towards the end of this week while the curve mostly rose on oil price gains. ›

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  • March 7th, 2016

Oil jumps as sentiment boosted; analysts warn of glut

Oil prices extended gains on Monday that have lifted crude benchmarks by more than a third from this year’s lows, as tightening supply and an improving global outlook strengthened the sentiment for a market recovery. ›

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  • March 4th, 2016

UK Gas – Prices firm on lower supplies from UK’s continental shelf

British prompt gas prices firmed on Friday on lower supplies from the UK’s continental shelf against a backdrop of forecasts for cooler weather over the weekend. ›

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  • March 3rd, 2016

UK Gas – Spot prices slip on oversupply

British gas prices for prompt delivery fell on Thursday as strong exports from Norway boosted flows into the oversupplied system. ›

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  • March 3rd, 2016

Oil prices dip as record US crude stocks damp bullish sentiment

Oil prices reversed earlier gains on Thursday as swelling U.S. crude inventories outweighed growing sentiment that a 20-month-long market rout is coming to an end. ›

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  • March 2nd, 2016

Near-Term UK Wholesale Natural Gas Prices Climb On Undersupply; Curve Edges Lower

Near-term UK wholesale natural gas prices rose at the open Wednesday, with the UK gas system undersupplied due to lower Norwegian gas imports and an unplanned outage on the UK Continental Shelf, with longer-term NBP contracts easing lower in early trading. ›

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  • March 2nd, 2016

UK Gas – Prices rise as less Norwegian supply tightens system

British wholesale natural gas prices rose on Wednesday as faltering Norwegian supplies left the transmission network struggling to cope with rising demand. ›

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  • March 2nd, 2016

Brent little changed, but US oil down on stock build

Brent was little changed on Wednesday following strong gains in Asian stocks, while U.S. oil eased on industry data that showed a huge build in U.S. crude stockpiles that were already at a record high. ›

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  • March 1st, 2016

Energy Services March 2016 Newsletter

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

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  • March 1st, 2016

UK GAS-Prices slip on higher supply on Norway

British wholesale natural gas prices declined on Tuesday on healthy supply and lower demand. ›

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