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Industry News from Energy Services

  • September 15th, 2017

EUROPE POWER-Spot for early next week jumps on drop in wind generation

European spot electricity prices for early next week delivery rose on Friday, driven by a projected fall in wind power generation and firm demand. ›

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  • September 15th, 2017

UK GAS-Prompt prices up on cooler weather while curve slips on weaker oil, coal

Prompt British wholesale gas prices rose on Friday morning, as cool weather boosted demand while prices on the curve slipped on weaker oil and coal. ›

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  • September 15th, 2017

Oil prices set for weekly gains as demand outlook brightens

Oil prices were lower on Friday but on course for weekly gains, the third in a row in the case of Brent, as the clean-up after hurricanes in the United States gathered pace and the outlook for demand took on a firmer tone. ›

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  • September 14th, 2017

European forward power prices continue to rally as carbon jumps, fuels rise

European forward power prices continued to rally Thursday as EUA carbon allowances jumped again, extending their gains so far this month to 30%, with generating fuels coal and gas also moving higher and coal into Europe trading at a fresh 42-month-high. ›

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  • September 14th, 2017

UK GAS-Spot price dips; curve lifted on coal, power, carbon rally

British spot gas prices fell on Thursday as stronger deliveries from Norway and brisk withdrawals from underground storage sites created an oversupplied system. ›

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  • September 14th, 2017

Oil Holds Gains Near Five-Week High on Stronger Demand Outlooks

Oil held gains near a five-week high as the International Energy Agency and OPEC boosted crude demand forecasts. ›

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  • September 13th, 2017

EUROPE POWER-Year ahead hits new 3-1/2 year high as related markets firm

German year-ahead power climbed 1 percent to 35.4 euros ($42.39) a megawatt hour (MWh) on Wednesday, a new 3-1/2 year high, as related fuels and carbon prices turned positive. ›

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  • September 13th, 2017

UK GAS-Prices rise on undersupply, higher carbon contract value

Wholesale gas prices rose on Wednesday due to a slightly undersupplied system and rising carbon prices, said traders, as Norwegian flows remained at low levels. ›

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  • September 13th, 2017

Oil Trades Near $48 as IEA Sees Fastest Demand Growth in 2 Years

Oil traded near $48 a barrel as the International Energy Agency forecast the strongest demand growth in two years, while OPEC was said to discuss prolonging output cuts further into 2018. ›

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  • September 12th, 2017

UK GAS-Prompt prices rise on cooler weather, pipeline work

Prompt gas prices edged higher on Tuesday as cooler weather was forecast around Europe prompting higher domestic demand and as repair work on the Entry SEGAL pipeline system carrying gas from Norway to Britain continued. ›

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