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Industry News from Energy Services

  • November 13th, 2018

UK GAS-Prices mostly fall on strong wind power output, LNG supplies

British wholesale gas prices mostly fell on Tuesday morning as forecasts for high output from the country’s wind farms and expectations of fresh deliveries of liquefied natural gas (LNG) weighed on the market. ›

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  • November 13th, 2018

Oil prices slip around 1 percent after Trump urges OPEC not to cut supply

Oil prices fell by around 1 percent on Tuesday, with Brent crude slipping below $70 per barrel and WTI below $60, after U.S. President Donald Trump put pressure on OPEC not to cut supply to prop up the market. ›

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  • November 12th, 2018

UK GAS-Prices climb as colder weather, lower wind speeds expected next week

British wholesale gas prices climbed on Monday morning in anticipation of colder weather and less wind power output next week. ›

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  • November 12th, 2018

Oil prices jump 2 percent after Saudi Arabia announces December supply cut

Oil prices jumped more than 1.5 percent on Monday after top exporter Saudi Arabia announced a supply cut in December and other producers also considered reductions heading into 2019. ›

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  • November 9th, 2018

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

UK Energy prices reduced in October as we appeared to be seeing the start of a correction from a summer of increases.  Find out more in our newsletter via the link below. ›

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  • November 9th, 2018

EUROPE POWER-Monday prices fall on weaker fundamentals, curve also down

European power prices for the coming Monday fell in Friday wholesale market trading as supply rose and demand weakened, while forwards turned south on lower fuels and CO2 permission rights prices. ›

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  • November 9th, 2018

UK GAS-Prices mixed on higher Norwegian flows, weather forecasts

British wholesale gas prices were mixed on Friday morning as higher flows from Norway and forecasts for milder temperatures in the near term pushed prompt prices down and colder weather forecasts for December lifted the curve. ›

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  • November 9th, 2018

Oil in bear market as supply rises and demand growth slows

Oil prices fell to multi-month lows on Friday as global supply increased and investors worried about the impact on fuel demand from of lower economic growth and trade disputes. ›

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  • November 8th, 2018

EUROPE POWER-Prompt prices fall ahead of weekend, curve gains with CO2

European spot power prices fell sharply on Thursday on falling demand and more German nuclear supply, while forwards rose strongly with soaring carbon emissions rights. ›

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  • November 8th, 2018

Oil rises as China reports record crude imports, but soaring U.S. output caps gains

Oil prices rose on Thursday after record Chinese crude imports eased concerns that a slowdown in the world’s No.2 economy could stoke an emerging fuel glut. ›

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