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Industry News from Energy Services

  • October 12th, 2018

UK GAS-Day-ahead price climbs with temperatures set to turn cooler

The British day-ahead wholesale gas price rose 6 percent on Friday morning, with temperatures set to turn cooler next week, increasing demand. ›

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  • October 12th, 2018

Oil rebounds to $81, pares gain as IEA sees adequate supply

Oil rose to $81 a barrel on Friday, rebounding after two days of declines, though prices pared gains after another closely watched forecaster deemed supply adequate and the outlook for demand weakening. ›

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  • October 11th, 2018

EUROPE POWER-Curve extends slide on carbon emissions selloff

European forward power contracts extended losses on Thursday on the back of a selloff in carbon emissions permits and broadly weaker energy prices. ›

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  • October 11th, 2018

UK GAS-Prices down on oil, warm temperatures

British wholesale gas prices fell on Thursday, following oil, and as above normal temperatures and high wind output reduced demand. ›

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  • October 11th, 2018

Oil extends losses as other markets fall, stockpiles climb

Oil fell to two-week lows on Thursday as it extended losses from the previous session amid a rout in global stock markets, with prices also hit by an industry report showing U.S. crude inventories rose more than expected. ›

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  • October 9th, 2018

EUROPE POWER-Spot prices fall on more wind supply, less demand

European spot power prices fell on Tuesday as more conventional and wind capacity was available in the main markets, while demand was easing in a brief early-autumn temperature surge expected to end next week. ›

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  • October 9th, 2018

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

September saw UK and European energy prices continue to rise against a backdrop of rising oil prices and the prospect of blackouts in Belgium. ›

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  • October 9th, 2018

UK GAS-Gas prices mostly rise on lower imports, oil strength

British wholesale gas prices mostly rose on Tuesday as lower imports from Norway and high oil prices buoyed the market. ›

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  • October 9th, 2018

Oil prices rise on signs Iranian crude exports fall further

Oil prices rose on Tuesday as more evidence emerged that crude exports from Iran, OPEC’s third-largest producer, are declining in the run-up to the re-imposition of U.S. sanctions and as a hurricane moved across the Gulf of Mexico. ›

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  • October 8th, 2018

UK GAS-Prices slide on higher imports, warm week

British wholesale gas prices fell on Monday, with warmer weather, higher wind generation and an increase in supplies from Norway reducing demand. ›

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