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Industry News from Energy Services

  • February 5th, 2018

EUROPE POWER-Cold spell lifts spot power prices as fuels, carbon weigh on curve

European spot electricity prices for day-ahead delivery rose on Monday on the back of increased demand at the start of a forecast cold week across western Europe, while contracts further in the curve fell tracking weaker fuels and carbon. ›

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  • February 5th, 2018

UK GAS-Prices down on strong Norwegian flows

British wholesale gas prices declined on Monday due to strong flows from Norway which kept the system oversupplied and on expectations for slightly higher temperatures later in the week. ›

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  • February 5th, 2018

Oil prices fall amid market sell off, Brent near one-month low

Oil prices on Monday extended declines from the end of last week amid a wider market sell off and a stronger dollar, with Brent crude falling to its lowest in nearly a month. ›

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  • February 2nd, 2018

EUROPE POWER-Power prices for early next week lifted by cold forecast

European spot electricity contracts for early next week delivery rose on Friday on the back of forecasts showing a prolonged cold snap next week with average temperatures several points below seasonal levels, which will boost power demand. ›

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  • February 2nd, 2018

UK GAS-Prompt prices rise ahead of cold weather snap

British prompt gas prices rose on Friday morning as demand increased ahead of colder weather. ›

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  • February 2nd, 2018

U.S. oil prices extend gains on compliance with output cuts

Oil rose for a third day on Friday after a survey showed strong compliance with output cuts by OPEC and others including Russia, offsetting concerns about surging U.S. production. ›

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  • February 1st, 2018

UK GAS-Prices higher driven by colder weather outlook

British wholesale gas prices rose on Thursday morning as expectations for colder weather at the weekend and next week drove up demand. ›

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  • February 1st, 2018

Oil rises as OPEC compliance eclipses boom in US output

Oil rose on Thursday after a survey showed OPEC’s commitment to its supply cuts remains in place, even as U.S. production topped 10 million barrels per day for the first time since 1970. ›

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