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Industry News from Energy Services

  • July 19th, 2016

UK Gas – Day-ahead prices tick up on undersupply, curve softens on oil

Gas prices for day-ahead delivery edged higher on Tuesday as demand was expected to slightly outpace supply, while curve prices softened on the back of weaker oil. ›

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  • July 19th, 2016

Oil Trades Near $45 Amid Speculation U.S. Output May Climb

Oil traded near $45 a barrel amid speculation U.S. production may continue gains as drillers put rigs back to work. ›

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  • July 18th, 2016

UK Gas – Prices up on lower LNG supply, higher exports and Rough outage

British wholesale gas prices rose on Monday morning in reaction to lower expected supply of liquefied natural gas (LNG), higher exports to continental Europe and the extension of an outage at the Rough gas storage site to next year. ›

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  • July 18th, 2016

Oil prices rise as market shrugs off Turkey coup bid

Oil prices rose in Asian trade on Monday, following gains last week, as traders shrugged off the impact of Friday’s attempted coup in Turkey, while a weaker dollar and upbeat economic data from the United States lent price support. ›

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  • July 15th, 2016

UK Gas – Prompt prices flat, curve lower on strong sterling

Prompt gas prices were largely flat on Friday morning as supply was expected to meet demand, leaving the market balanced, while curve prices slipped due to gains for sterling against the euro. ›

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  • July 15th, 2016

Oil Falls Amid Warnings of Retreat to $40 on Rocky Rebalance

Oil fell amid forecasts prices may slide toward $40 a barrel as consumption falters and halted supplies return. ›

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  • July 14th, 2016

UK Gas – Within-day dips on oversupply but oil gains prop up curve

British gas for immediate delivery fell on Thursday morning as rising Norwegian flows left the system oversupplied and the pound strengthened against the euro, while rallying oil prices supported forward contracts. ›

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  • July 14th, 2016

Oil Rebounds From 2-Month Low as Investors Weigh U.S. Supplies

Oil rebounded after closing at the lowest level in two months as equity markets increased and U.S. data showed crude stockpiles slid. ›

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  • July 13th, 2016

UK Gas – Prices decline as pound strengthens against euro

British wholesale gas prices mostly declined on Wednesday morning due to gains in the pound against the euro, softer oil prices and on expectations of warmer weather and more regular liquefied natural gas (LNG) deliveries. ›

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  • July 13th, 2016

Oil Retreats After Industry Data Show U.S. Stockpiles Expanding

Oil fell from the biggest gain in three months after U.S. industry data showed the nation’s crude stockpiles increased, adding to concerns about oversupply. ›

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