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Industry News from Energy Services

  • July 17th, 2017

Oil Holds Gain Above $46 as Demand Seen Helping Drain Stockpiles

Oil held gains above $46 a barrel as optimism that demand will help shrink supplies outweighed an increase in U.S. rigs drilling for crude. ›

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  • July 14th, 2017

UK GAS-Prices decline on oversupply and reduced demand

British wholesale gas prices declined on Friday morning due to strong supplies and reduced demand. ›

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  • July 14th, 2017

Oil dips on ample supply despite OPEC pledge to cut output

Oil markets dipped on Friday, pulled down by high fuel inventories and improving industry efficiency, but were still on track for a solid weekly gain. ›

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  • July 13th, 2017

UK natural gas: NBP near-term prices fall as Norway flows recover

Near-term UK natural gas prices saw fresh losses on the day Thursday morning, weighed down by a comfortable system balance as the impact of an ongoing unplanned Norway outage eased. ›

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  • July 13th, 2017

UK GAS-Prompt prices fall as Norwegian imports rise

Prompt British wholesale gas prices fell on Thursday morning as high imports from Norway, combined with weaker demand, left the market oversupplied. ›

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  • July 13th, 2017

Oil dips on glut but Chinese and U.S. data supports

Oil prices dipped on Thursday on worries about oversupply, but strong Chinese imports and signs that U.S. storage tanks were gradually being drained offered some support. ›

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  • July 12th, 2017

UK GAS-Prices rise as Norwegian flows are curtailed by outage

British prompt wholesale gas prices rose on Wednesday morning as imports from Norway dropped due to an unplanned outage. ›

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  • July 12th, 2017

Oil prices jump on falling US fuel inventories, lower production outlook

Oil prices rose more than 1.5 percent on Wednesday, extending gains from the previous day as the U.S. government cut its crude production outlook for next year and as fuel inventories plunged. ›

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  • July 11th, 2017

UK GAS-Prompt prices fall on strong imports, oversupply

Prompt British wholesale gas prices fell on Tuesday morning as strong imports from Norway left the market oversupplied. ›

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  • July 11th, 2017

Oil Extends Gains Toward $45 as U.S. Crude Supplies Seen Easing

Oil extended gains toward $45 a barrel before U.S. government data forecast to show crude stockpiles extended declines, trimming a glut. ›

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