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Industry News from Energy Services

  • April 17th, 2018

Oil prices rise amid risk of supply disruptions

Oil prices rose on Tuesday amid worries there could be a high risk of disruptions to supply, especially in the Middle East. ›

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  • April 16th, 2018

UK GAS-Within-day gas falls as warmer weather reduces demand

British gas for immediate delivery fell on Monday morning on warmer weather which has reduced demand. ›

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  • April 16th, 2018

Oil prices drop as fears about Syria strikes fallout wane

Oil fell nearly 2 percent on Monday after U.S. drilling activity rose and fears waned about escalating tensions in the Middle East following air strikes on Syria over the weekend. ›

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  • April 13th, 2018

Oil heads for biggest weekly gain since July

Oil prices edged higher on Friday, heading for their largest weekly gain since July after U.S. President Trump’s comments about possible military action in Syria and reports of dwindling global oil stocks. ›

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  • April 13th, 2018

UK GAS-Prices rise on undersupply, low wind output

British wholesale gas prices were mostly higher on Friday morning on undersupply and high demand due to low wind power output ›

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  • April 12th, 2018

Oil prices edge off 3-year highs, but geopolitical tensions loom

Oil markets edged back from highs last reached in late 2014 as ample supplies weighed, but prices were underpinned by worries over military escalation in Syria and trade tensions between the United States and China. ›

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  • April 12th, 2018

UK day-ahead power prices rise over 10% on low wind

UK day-ahead power prices rose over 10% as wind output halved day on day for Friday. ›

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  • April 11th, 2018

UK GAS-Prices up on high demand, lower Norway flows

British wholesale gas prices rose on Wednesday driven by forecasts for higher than seasonal demand which, in combination with a drop in flows from Norway, created an undersupplied system. ›

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  • April 11th, 2018

Oil dips on rising U.S. supplies, market still tense on conflict in Syria

Oil prices on Wednesday eased away from 2014 highs reached the previous session as escalating Middle East tensions were offset by increasing inventories and production in the United States. ›

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  • April 10th, 2018

UK GAS-Prices dip due to oversupply

British wholesale gas prices fell on Tuesday morning as flows from Norway were re-routed to Britain from continental Europe, creating oversupply. ›

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