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Industry News from Energy Services

  • July 9th, 2018

UK GAS-Prompt prices rise on low wind output

British prompt wholesale gas prices rose on Monday morning as low wind output lifted gas-to-power demand. ›

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  • July 9th, 2018

Oil steadies as drilling increases in tight market

Oil prices steadied on Monday as an increase in U.S. drilling, likely to lead to higher shale production, balanced evidence of tightening supply. ›

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  • July 6th, 2018

UK GAS-Within-day up on very low wind output levels

British gas for immediate delivery rose on Friday morning as very low wind output raised demand for gas from power plants. ›

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  • July 6th, 2018

Oil markets volatile as trade conflict between U.S. and China escalates

Oil prices seesawed in nervous trading on Friday as the United States slapped a raft of tariffs on Chinese goods in an escalating trade war between the world’s two biggest economies.

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  • July 5th, 2018

Oil prices dip as Trump calls on OPEC to ‘reduce pricing now’

Oil prices eased on Thursday after U.S. President Donald Trump sent a tweet urging OPEC to reduce prices for crude. ›

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  • July 5th, 2018

UK GAS-Prices slide on strong supply, fewer exports, warm weather

British wholesale gas prices fell on Thursday as supplies from the North Sea were strong and exports slipped, leaving the system over-supplied at a time of low summer demand. ›

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  • July 4th, 2018

Energy Services (Business Power) Ltd – July 2018 Energy Newsletter

Follow the link to view our July 2018 newsletter.  In this edition we see gas prices closely mirror oil prices which are hovering just under $80. ›

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  • July 4th, 2018

UK GAS-Prices mostly edge up on low wind output forecasts

British wholesale gas prices mostly edged higher on Wednesday morning due to low wind power output and amid stronger oil and coal prices, traders said. ›

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  • July 4th, 2018

Oil inches up on tighter U.S. supply, looming Iran sanctions

Oil prices edged up on Wednesday following a report of tightening U.S. fuel inventories amid an outage at Syncrude Canada oil sands facility in Alberta, which usually supplies the United States. ›

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  • July 3rd, 2018

UK day-ahead power prices hit three-month highs of GBP58.45/MWh on low renewables

UK day-ahead prices rose steeply hitting more than three-month highs amid lower solar-wind output and higher demand, while the neighbouring Netherlands and Belgium spot markets remained bullish amid ongoing coal-fired power station maintenance delays, market sources said Tuesday. ›

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