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Industry News from Energy Services

  • February 3rd, 2017

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

Prices remained volatile in January and are expected to continue into the first half of February at least, follow the below link to find out why ›

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  • February 3rd, 2017

Oil edges up on threat of US issuing new Iran sanctions

Oil prices edged up on Friday on news that U.S. President Donald Trump could be set to impose new sanctions on multiple Iranian entities, firing geopolitical tensions between the two nations. ›

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  • February 2nd, 2017

UK Gas – Prices rise on colder weather outlook

British wholesale gas prices rose on Thursday morning on expectations of a colder weather snap late next week. ›

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  • February 2nd, 2017

European prompt power mixed on demand factors

European spot wholesale prices opened mixed on Thursday, with German prices boosted by increased demand while French power eased on a drop in demand and higher imports, traders said. ›

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  • February 2nd, 2017

Oil prices fall after sharp rise in US stockpiles

Oil prices fell on Thursday after official data showed U.S. crude and gasoline stockpiles rose sharply, although signs that OPEC and other producers are holding the line on output cuts are helping support prices. ›

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  • February 1st, 2017

EUROPE POWER-Prompt prices drop further, weather set to turn colder next week

European prompt power prices fell on Wednesday because of lower demand and rising wind supply, overriding the impact of a strike by French energy workers and forecasts of bullish weather in coming weeks. ›

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  • February 1st, 2017

UK Gas – Russian supply cuts and cold forecasts lift prices

British wholesale gas prices rallied on Wednesday due to colder weather forecasts for next week, an ongoing outage at a big gas storage facility and a reduction in Russian deliveries. ›

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  • February 1st, 2017

Day ahead power prices down in Europe, French strike boosts next week

European day ahead power prices fell sharply on Wednesday due to increased supply and easing demand, but coming weeks and months posted gains reflecting ongoing supply risks in winter and with French strike action creating uncertainty, traders said. ›

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  • February 1st, 2017

Oil prices dip as rising US supplies offset OPEC cuts

Oil dipped on Wednesday, weighed down by ongoing high supplies despite an OPEC-led production cut, but prices remained within a narrow trading band that has been in place since late January. ›

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