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Industry News from Energy Services

  • January 3rd, 2017

Oil prices rise as markets eye OPEC, non-OPEC production cuts

Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production, which kicked in on Sunday, will be effective in draining a global supply glut. ›

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  • January 3rd, 2017

European prompt power prices volatile on wind, temperatures

European spot power prices on Tuesday were volatile, driven by weather patterns, with day ahead prices pressured by a rising supply of wind power in major producer Germany and as a colder weather later this week pushed up prices in that period.

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