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Industry News from Energy Services

  • June 6th, 2017

UK gas prompt prices fall on oversupply, higher wind output

British prompt gas prices fell on Tuesday morning due to an oversupplied system and stronger wind output. ›

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  • June 6th, 2017

Oil subdued on worries Middle East rift will undermine output cuts

Oil prices bounced around low levels in choppy trading on Tuesday, with Brent crude holding below $50 over concerns that a political rift between Qatar and several Arab states would undermine efforts by OPEC to tighten the market. ›

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  • June 5th, 2017

UK GAS-Prices decline due to oversupply

British wholesale gas prices declined on Monday morning due to an oversupplied system.

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  • June 2nd, 2017

UK gas prices drift lower as Norwegian and domestic output rises

British wholesale gas prices fell on Friday as higher Norwegian supplies created an oversupplied transmission network. ›

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  • June 2nd, 2017

Oil prices drop amid glut concerns, U.S. withdrawal from climate deal

Oil prices dropped below $50 on Friday amid worries that U.S. President Donald Trump’s decision to abandon a global climate pact could spark more crude drilling in the United States, stoking a persistent glut in global supply. ›

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  • June 1st, 2017

UK GAS-Prompt prices edge higher on lower imports

Prompt British wholesale gas prices edged higher on Thursday morning as lower imports curbed supply. ›

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  • June 1st, 2017

Oil Rebounds as U.S. Industry Data Signal 8-Week Stockpile Drop

Oil rebounded from the lowest close in more than two weeks after industry data showed U.S. crude stockpiles extended declines, easing an inventory overhang. ›

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