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Industry News from Energy Services

  • August 4th, 2017

UK day-ahead power prices soar on tight supply margins, firm NBP gas

UK day-ahead power prices strengthened for the second consecutive trading session on Friday, mirroring firm NBP gas markets, and tight supply margins for Monday. ›

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  • August 4th, 2017

UK GAS-Supply shortfall and higher demand lift prices

British wholesale gas prices rose on Friday due to supply shortfalls and higher demand. ›

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  • August 4th, 2017

EUROPE POWER-Spot prices jump for Monday on expected fall in German wind supply

European prompt power prices for Monday lept in Friday wholesale market trading, mainly on an anticipated fall in German wind power supply. ›

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  • August 4th, 2017

Oil Retreats After 2017’s Best Week as Output Gain Back in Focus

Oil is back down again this week following the year’s biggest rally as investor focus shifted to rising output from the U.S. and OPEC, away from a seasonal increase in American fuel demand. ›

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  • August 3rd, 2017

EUROPE POWER-Spot mixed; Germany drops sharply, France rises

European prompt power prices were mixed on Thursday, with German day-ahead falling sharply while those in France were up on the day, bringing the market back in line with normal levels. ›

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  • August 3rd, 2017

UK GAS-Norwegian outage continues to lift within-day price

British gas for immediate delivery rose on Thursday as an outage restricting Norwegian gas production capacity was extended, but contracts further along the curve fell on expectations the outage would be resolved on Friday, traders said. ›

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  • August 3rd, 2017

Oil Halts Gain as Investors Weigh U.S. Output Against Stockpiles

Oil halted gains above $49 a barrel as investors weigh a rebound in U.S. output against declining crude and gasoline stockpiles. ›

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  • August 2nd, 2017

UK natural gas: NBP spot finds support from Kollsnes outage

Near-term UK wholesale natural gas pricing found support early Wednesday from an unplanned Norwegian outage set to reduce pipeline imports during the trading session. ›

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  • August 2nd, 2017

UK GAS-Unplanned Norwegian outage lifts spot prices, curve sags

British wholesale spot gas prices rallied on Wednesday after a major outage restricted Norwegian gas production capacity, with prompt and curve contracts all heading lower. ›

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  • August 2nd, 2017

EUROPE POWER-Higher wind supply continues to weigh on spot prices

European prompt power prices fell on Wednesday on higher renewable and thermal production volumes, while demand only rose slightly. ›

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