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Industry News from Energy Services

  • December 19th, 2017

EUROPE POWER-Spot power prices slip on lower demand, outlook for mild weather

European spot electricity prices for day-ahead delivery slipped on Tuesday pressured by forecasts showing consumption falling due to a mild weather outlook. ›

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  • December 19th, 2017

UK GAS-Prices fall on strong Norwegian flows, lower demand

British wholesale gas prices fell on Tuesday morning on strong Norwegian flows and lower demand due to rising temperatures. ›

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  • December 19th, 2017

Oil edges up on ongoing North Sea pipeline outage, but rising U.S. output weighs

Oil markets edged up on Tuesday as the Forties pipeline outage in the North Sea and voluntary production restraint led by OPEC supported prices, although soaring output in the United States put a cap on gains. ›

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  • December 18th, 2017

UK GAS-Price fall after outage-led rally last week

British wholesale gas prices fell across the board on Monday morning as forecasters expected milder temperatures and more nuclear power supply was made available. ›

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  • December 18th, 2017

Oil edges up, though 2018 outlook cites ample supplies

Oil edged up on Monday, lifted by an ongoing North Sea pipeline outage and over signs that booming U.S. crude output growth may be slowing, although the outlook for oil markets cites ample supplies despite ongoing production cuts led by OPEC. ›

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  • December 15th, 2017

UK GAS-Prompt prices fall on high Norway flows, milder weather forecasts

British prompt gas prices fell on Friday as temperatures are forecast to rise slightly over the coming days, while strong Norwegian supplies were keeping the system oversupplied, traders said. ›

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  • December 15th, 2017

EUROPE POWER-Monday prices mixed on weather factors, curve up

Europe’s wholesale spot electricity prices were mixed on Friday as German Monday prices fell under the weight of higher wind power forecasts while French Monday levels rose on expectations for colder weather and rising demand. ›

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  • December 15th, 2017

Oil prices rise on North Sea pipeline outage, but growing U.S. output looms

Oil prices moved up on Friday, lifted by the Forties pipeline outage in the North Sea and ongoing OPEC-led production cuts, although rising output from the United States kept a lid on markets. ›

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  • December 14th, 2017

EUROPE POWER-Prompt prices narrowly mixed, driven by weather

Europe’s wholesale spot electricity prices were narrowly mixed on Thursday, with Germany responding firmer to a drop in wind power production and France easing slightly as higher demand was more than offset by operators’ supply planning. ›

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  • December 14th, 2017

UK GAS-Prices fall due to strong imports, reduced demand

British wholesale gas prices fell on Thursday morning, wiping out gains made earlier this week, as supply concerns eased and strong imports and reduced demand created an oversupplied system. ›

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