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Industry News from Energy Services

  • June 20th, 2018

UK GAS-Day-ahead price up on lower supply

British wholesale day-ahead gas prices rose on Wednesday after posting losses in the previous session as an ongoing outage in Norway restricted supplies and as flows into Shell’s St Fergus terminal fell. ›

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  • June 20th, 2018

EUROPE POWER-Prompt prices plummet on higher German wind power supply

European spot power prices on Wednesday fell sharply on forecasts for rising German wind power supply volumes, while demand for electricity was flat. ›

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  • June 20th, 2018

Oil up on US stocks, Libya ahead of OPEC meeting

Oil prices rose on Wednesday, supported by a drop in U.S. commercial crude inventories and the loss of storage capacity in Libya, with investors cautious ahead of a biannual meeting of OPEC exporters to decide production policy. ›

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  • June 19th, 2018

UK GAS-Prices slip on oversupply, export route shutdown

British wholesale gas prices slipped on Tuesday morning, as the shutdown of the country’s main gas export pipeline contributed to an oversupplied market. ›

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  • June 19th, 2018

Oil falls on spiralling U.S.-China trade dispute, rising output

Oil prices fell nearly one percent on Tuesday as an escalating trade dispute between the United States and China triggered sharp selloffs in many global markets. ›

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  • June 19th, 2018

European winter power rises sharply on Belgian nuclear outage revisions

A series of revisions to nuclear power outages in Belgium announced Monday lifted fourth-quarter 2018 power prices across Europe. ›

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  • June 18th, 2018

EUROPE POWER-Higher demand lifts prompt prices, curve up with CO2

European spot power prices on Monday rose on predictions of sharp day-on-day increases in consumption, driven by rising temperatures in the region. ›

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  • June 18th, 2018

UK GAS-Prices slip on low demand, lack of exports

British wholesale gas prices edged downwards on Monday as low demand compared to seasonal norms was coupled with excess supplies due to a planned pipeline closure that has blocked exports. ›

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  • June 18th, 2018

Oil falls on threat of China crude tariffs, expected OPEC supply rise

Oil prices on Monday extended falls from late last week after China threatened duties on American crude imports in an escalating trade dispute with Washington, while supply from OPEC and Russia is also expected to rise. ›

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  • June 15th, 2018

EUROPE POWER-More supply weighs on Monday delivery, curve tracks carbon falls

Forecasts for more wind and conventional power supply weighed down prompt wholesale prices in Europe on Friday, while forwards eased along with losses in carbon emissions rights. ›

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