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Industry News from Energy Services

  • November 20th, 2017

UK GAS-Norwegian supply dip and domestic outages lift prices

British spot gas prices rose on Monday as lower imports from Norway and multiple potential unplanned outages affecting domestic output looked set to tighten supply. ›

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  • November 20th, 2017

Oil: OPEC meeting at month-end in focus

Oil markets were tepid on Monday as traders were reluctant to take on big new positions ahead of an OPEC meeting at the end of the month, when the producer club is expected to decide whether to continue output cuts aimed at propping up prices. ›

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  • November 20th, 2017

European day-ahead power prices mixed on wind, temperature rise

European day-ahead power prices were mixed on Monday, with Germany’s gaining on a drop in wind power and those in France being weighed down by a brief rise in temperatures. ›

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  • November 17th, 2017

UK GAS-Prices down on warm weather and strong wind forecasts

British wholesale gas prices fell on Friday, driven by forecasts for warmer weather and strong wind, as below seasonal-average demand and high Norwegian flows created an oversupplied system, said traders. ›

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  • November 17th, 2017

Oil prices set for first weekly fall in six on oversupply worries

Oil prices were mixed on Friday after recent declines, but were were on track for the first weekly fall in six weeks, under pressure from surging U.S. supplies and doubts over Russian support for continuing a cut in crude output. ›

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  • November 16th, 2017

UK GAS-Prices up on colder weather, reduced Norway flows

British wholesale gas prices rose on Thursday despite an oversupplied system, driven by reduced gas flows from Norway and forecasts for colder weather, said traders. ›

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  • November 16th, 2017

Oil steady as expected output curbs balance U.S. supply

Oil markets stabilized on Thursday as expectations that OPEC would extend production limits balanced rising U.S. crude production and inventories. ›

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  • November 15th, 2017

UK day-ahead power prices fall on high wind, bearish Continental markets

UK day-ahead power prices fell Wednesday on higher wind output and mirroring bearish sentiment in neighboring European markets. ›

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  • November 15th, 2017

EUROPE POWER-German spot tumbles on expected rise in wind generation

European spot electricity prices for day-ahead delivery slumped on Wednesday on forecasts showing increased wind power generation in Germany and additional nuclear capacity in France with the scheduled restart of EDF’s Penly 1 reactor. ›

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  • November 15th, 2017

UK GAS-Prices drop in oversupplied market

British wholesale gas prices fell on Wednesday morning as healthy supplies and weaker demand led to an oversupplied market. ›

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