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Industry News from Energy Services

  • September 11th, 2018

UK GAS-Prices mostly dip on oversupply, warmer weather forecasts

British wholesale gas prices mostly fell on Tuesday morning in an oversupplied market and on forecasts of warmer weather to come. ›

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  • September 11th, 2018

Oil prices climb as Iran sanctions loom; US looks to prevent supply shortfall

Oil prices rose on Tuesday amid looming U.S. sanctions against Iran’s petroleum industry, despite efforts by Washington to get other major suppliers to make up for the expected disruption. ›

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  • September 10th, 2018

EUROPE POWER-CO2 prices surge, driving curve contracts to new highs

European power contracts for year-ahead delivery set record highs on Monday, mirroring gains in the carbon, gas and oil markets which provide inputs for generators. ›

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  • September 10th, 2018

UK GAS-Prices up on carbon hike and supply deficit

British wholesale gas prices increased on Monday morning following a surge in carbon’s value, and as flows from Norway remained low, leaving the market undersupplied. ›

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  • September 10th, 2018

Oil rises as U.S. drilling stalls, Washington sanctions on Iran loom

Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November. ›

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  • September 7th, 2018

UK GAS-Prompt prices hit fresh 6-month highs as imports dip

British wholesale gas prices hit fresh six-month highs on Friday morning as lower imports and a rising energy prices lent support. ›

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  • September 7th, 2018

Oil steady as U.S. crude inventories fall, but trade tensions weigh

Oil prices held steady on Friday as a fall in U.S. crude inventories to the lowest levels since 2015 supported the market, although Sino-U.S. trade tensions and economic weakness from emerging markets remained a concern. ›

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  • September 6th, 2018

UK GAS-Prices rise as flows stemmed by outage, lower imports

British wholesale gas prices rose on Thursday in an undersupplied market after an unplanned outage stemmed flows and imports from Norway were forecast to fall. ›

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  • September 6th, 2018

EUROPE POWER-Coal, carbon gains drive year-ahead power contracts to new highs

European electricity contracts for year-ahead delivery hit new contract records on Thursday driven by strong gains in carbon emissions and coal prices, while prices for day-ahead delivery fell on forecasts for increased wind and nuclear power supply. ›

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  • September 6th, 2018

Oil dips on emerging market turbulence, but looming Iran sanctions support

Oil prices dipped on Thursday as emerging market turbulence weighed on sentiment, while a deadline neared for a potential new round of U.S. tariffs on another $200 billion of Chinese goods. ›

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