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Industry News from Energy Services

  • May 4th, 2018

UK GAS-Prompt prices mixed on lower Norwegian gas flows, warmer weather

British within-day gas prices rose on Friday morning as lower gas imports created an undersupplied system, but warmer temperature forecasts over the weekend weighed on day-ahead.

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  • May 4th, 2018

Oil prices hold steady as U.S. decision on Iran sanctions looms

Oil prices were little changed on Friday after rising earlier, as market jitters kicked in over the prospect of geopolitical risks from possible new U.S. sanctions against Iran.

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  • May 2nd, 2018

UK GAS-Norwegian gas diversions and pipe outages lift prices

British prompt gas prices rose on Wednesday as Norway diverted deliveries to mainland Europe at the same time as a pipeline shutdown cut flows into a domestic terminal and created supply shortfalls. ›

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  • May 2nd, 2018

Oil rises on Iran sanction worries, but surging US supplies cap market

Oil prices rose on Wednesday, pushed up by concerns that the United States may reimpose sanctions on major exporter Iran, although soaring U.S. supplies capped gains. ›

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  • May 1st, 2018

UK GAS-Prices down as cold retreats, temperature forecasts raised

Prompt British wholesale gas prices slipped on Tuesday as a brief cold snap retreated and Norwegian gas supplies along one pipeline offset an outage on another. ›

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  • May 1st, 2018

Oil pares gains, market supported by Iran worries

Oil prices held steady on Tuesday as the dollar remained near a four-month high, with crude supported by worries that U.S. President Donald Trump may pull out of the Iran nuclear deal. ›

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