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Industry News from Energy Services

  • July 10th, 2017

UK GAS-Prices decline on healthy supply, mild temperatures

British wholesale gas prices declined on Monday due to healthy supply and mild temperatures. ›

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  • July 10th, 2017

Oil Trades Near Two-Week Low Amid Talk of Libya, Nigeria Caps

Oil traded near the lowest closing price in two weeks, erasing earlier gains after an OPEC minister said Libya and Nigeria may be requested to cap their production. ›

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  • July 7th, 2017

UK GAS-Prompt prices fall on high imports, looming LNG supply

The price of prompt British wholesale gas fell on Friday morning, as high imports from Norway and looming supplies of liquefied natural gas (LNG) weighed on the market. ›

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  • July 7th, 2017

Oil Slips Near $45 as U.S. Output Jump Offsets Stockpile Slide

Oil slipped to trade near $45 a barrel as investors weighed expanding U.S. production against declining crude and gasoline stockpiles. ›

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  • July 6th, 2017

UK GAS-Prices decline on high temperatures, robust supplies

British wholesale gas prices declined on Thursday morning due to robust supplies and high temperatures which dulled demand. ›

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  • July 6th, 2017

Oil rises on US crude stock draw, but prices remain weak

Oil prices recovered some ground on Thursday on strong demand in the United States, but analysts cautioned that oversupply would continue to drag on markets after a steep fall in the previous session. ›

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  • July 5th, 2017

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

UK energy prices remained fairly stable in June however all eyes are now on the supply and demand balance for winter after the announcement of the permanent closure of the Rough Gas Storage facility and the growing diplomatic crisis involving Qatar. ›

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  • July 5th, 2017

UK GAS-Prices dip on Norwegian flows, expected LNG deliveries

British wholesale gas prices dipped on Wednesday due to high Norwegian flows and expectations for liquefied natural gas (LNG) deliveries in July. ›

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  • July 5th, 2017

Oil dips on OPEC supply rise, but political risk supports

Oil dipped on Wednesday, pulled down by another rise in OPEC supplies despite a pledge to cut production, but geopolitical tensions in the Korean peninsula and the Middle East put a floor under prices. ›

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  • July 4th, 2017

UK GAS-Prices fall on robust supplies

British wholesale gas prices fell on Tuesday morning, reversing some of the gains made in the previous trading session, as supplies from Norway and domestic production increased. ›

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