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Industry News from Energy Services

  • October 17th, 2017

EUROPE POWER-Spot power prices gain on forecast drop in renewables

European spot electricity prices for day-ahead delivery posted strong gains on Tuesday supported by forecasts for a sharp drop in wind and solar power generation. ›

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  • October 17th, 2017

UK GAS-Prices rise on cold weather, reduced Norway flows

British wholesale gas prices rose on Tuesday due to colder weather and reduced gas flows from Norway, traders said. ›

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  • October 17th, 2017

Oil holds gains as Iraq, U.S.-Iran tension raises risks

Oil prices steadied on Tuesday, holding on to gains made as fighting between Iraqi and Kurdish forces threatened supplies from northern Iraq while political tension rose between the United States and Iran. ›

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  • October 16th, 2017

EUROPE POWER-French forward curve prices fall, prompt prices mixed

French forward electricity prices fell on Monday in response to a warm medium-term temperature outlook which triggered profit-taking from high levels reached last week on the back of nuclear supply tightness. ›

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  • October 16th, 2017

UK GAS-Within-day price slips on mild temperatures, strong winds

The within-day British wholesale gas price fell on Monday morning as unseasonably warm temperatures and strong winds led to an oversupplied market. ›

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  • October 16th, 2017

Oil rises as fighting escalates in Iraq’s oil-rich Kirkuk

Oil markets jumped on Monday as Iraqi forced entered the oil city of Kirkuk, taking territory from Kurdish fighters and raising concerns over exports from OPEC’s second-largest producer. ›

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  • October 13th, 2017

UK gas prices rise on higher exports, low wind & weak LNG

British wholesale gas prices rose on Friday morning as higher exports to Belgium, low power wind output and weak liquefied natural gas (LNG) terminal flows left the system undersupplied. ›

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  • October 13th, 2017

Oil rises on tighter US market, strong China imports

Oil prices rose on Friday as both U.S. crude production and inventories declined, pointing towards a tightening market. ›

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  • October 12th, 2017

UK GAS-Prices fall on higher imports, oversupply

British wholesale gas prices fell on Thursday morning as higher imports from Norway contributed to an oversupplied market. ›

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  • October 12th, 2017

Oil slips despite expected OPEC extension of output cuts

Oil prices slipped on Thursday as U.S. fuel inventories rose despite efforts by OPEC to cut production. ›

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