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Industry News from Energy Services

  • January 10th, 2017

Europe power prices jump on cold, German day ahead falls on wind

European power prices for the near-term and weeks and months in the first quarter rose on Tuesday, as the impact of more cold weather and tight thermal supply spilled into mid-term contracts, while German day-ahead power fell.

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  • January 9th, 2017

UK GAS-Prices rise on expectations of colder weather this week

British wholesale gas prices rose on Monday on expectations of colder weather towards the end of this week, which would increase demand for heating.

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  • January 9th, 2017

Oil prices fall as Iran crude tanker exports surge, US adds more rigs

Oil prices fell on Monday as increased exports from Iran undermined efforts by other oil producers to curb a global fuel supply overhang and as U.S. drillers increased activity for a 10th straight week. ›

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  • January 6th, 2017

Energy Services (Business Power) Ltd – January 2017 Energy Newsletter

Electricity and gas prices climbed towards the end of December due to traders covering their positions and slightly cooler temperatures over Chirstmas ›

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  • January 6th, 2017

UK GAS-Prices rise slightly on increased demand

British wholesale gas prices rose slightly on Friday morning due to increased consumption.

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  • January 6th, 2017

Oil steady after gains on Saudi output cuts

Oil prices were little changed on Friday after gaining nearly 1 percent the day before on news that Saudi Arabia had cut production to meet OPEC’s agreement to reduce output. ›

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  • January 6th, 2017

German Monday power jumps on low supply, higher demand

German power prices for Monday and next week jumped early on Friday on higher demand and low expected renewable supply in the European wholesale market amid an ongoing cold weather spell.

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  • January 5th, 2017

Oil dips on doubts over touted production cuts

Oil prices dipped on Thursday, hit by doubts that producers would fully deliver on promises to cut output, although record U.S. automobile sales and falling crude stocks offered markets some support. ›

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  • January 4th, 2017

Oil prices edge up tighter supply outlook, but strong dollar weighs

Oil edged higher on Wednesday, with top exporter Saudi Arabia expected to raise prices for its crude as part of planned supply cuts, although a strong dollar and moderate economic growth prospects restricted gains. ›

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  • January 3rd, 2017

UK GAS-Prices plunge as 2017 coal, carbon and power turn bearish

UK prompt gas prices plunged on Tuesday, the first full trading day of 2017, as weak demand and ramped-up North Sea supply wiped out more of last month’s gains, matched by sell-offs on European coal, carbon and power markets. ›

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