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Industry News from Energy Services

  • May 3rd, 2017

UK gas prompt slips on oversupply and weaker demand forecasts

Prompt British wholesale gas prices fell on Wednesday morning due to oversupply on the back of higher Norwegian flows and lower exports from Britain to mainland Europe. ›

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  • May 3rd, 2017

Oil Rebounds From 6-Week Low on Signs of Easing U.S. Supply Glut

Oil rebounded from a six-week low after a U.S. industry report signaled a supply overhang in the world’s biggest consumer may be easing. ›

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  • May 2nd, 2017

UK prompt power contracts weaken as supply margins improve

UK day-ahead power prices were little changed to slightly lower on Tuesday as forecasts for strengthening renewables generation and falling power demand weighed on the prompt. ›

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  • May 2nd, 2017

UK gas prompt prices rise on strong demand, lower imports

Prompt British wholesale gas prices rose on Tuesday morning, as lower imports from Norway and strong demand led to an undersupplied system ›

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  • May 2nd, 2017

Oil Rises From One-Month Low Before U.S. Crude Inventory Data

Oil rose from its lowest close in a month amid estimates that while the U.S. crude inventory glut is continuing to shrink, although refined products are growing more plentiful. ›

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