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Industry News from Energy Services

  • April 11th, 2017

UK gas day-ahead prices edge lower on oversupply

British wholesale day-ahead gas prices edged lower on Tuesday morning as higher imports from Norway contributed to an oversupplied system, but forecasts of cooler temperatures limited falls. ›

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  • April 11th, 2017

Oil eases from five-week top, rising U.S. production weighs

Crude oil eased from a five-week high on Tuesday as rising U.S. shale oil production offset concerns over geopolitical tensions in the Middle East and output cuts being made to support prices. ›

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  • April 10th, 2017

UK gas day-ahead prices flat on oversupplied system

British wholesale day-ahead gas prices were flat on Monday morning on an oversupplied system, as Norwegian gas flows fell and temperatures dropped from the weekend levels. ›

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  • April 10th, 2017

Oil prices rise on strong demand, uncertainty over Syria conflict

Oil prices rose on Monday, supported by strong demand and uncertainty over the conflict in Syria, although another run-up in U.S. drilling activity kept a lid on gains. ›

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  • April 7th, 2017

UK gas prompt prices edge higher on lower wind power forecasts

British wholesale prompt gas prices edged higher on Friday morning on forecasts of low output from the country’s wind farms and cooler temperatures, while forward contracts found support from strong crude oil prices. ›

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  • April 7th, 2017

Oil at one-month high after U.S. strikes in Syria rattle markets

Oil prices hit a one-month high on Friday after the United States attacked a Syrian government airbase, sending shockwaves through global markets and raising concerns of the conflict spreading in the oil-rich region. ›

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  • April 6th, 2017

UK gas prices fall on long system

British wholesale gas prices declined on Thursday morning due to in a slightly long system ›

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  • April 6th, 2017

Oil prices fall on bloated U.S. market, but other regions tighten

Oil prices fell on Thursday as record U.S. crude inventories underscored that markets remain bloated, although traders said there were signs that other regions were gradually tightening. ›

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  • April 5th, 2017

UK gas prompt prices slightly down on oversupply

British prompt wholesale gas prices declined slightly on Wednesday morning due to oversupply. ›

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  • April 5th, 2017

Oil Extends Gain Above $50 as Focus Returns to U.S. Inventories

Oil extended gains to the highest level in almost a month, with investor focus shifting back to U.S. crude inventories after supply disruptions and optimism over OPEC’s output curbs drove a rally over the past week. ›

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