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Industry News from Energy Services

  • November 8th, 2018

UK GAS-Prices rise on Norwegian outage, cooler temperatures

British wholesale gas prices rose on Thursday morning due to an outage in Norway and as lower-than-expected temperatures led to higher consumption forecasts. ›

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  • November 7th, 2018

EUROPE POWER-Cold forecast lift day-ahead prices

European spot electricity prices for day-ahead delivery rose on Wednesday, buoyed by weak renewables generation and an expected demand boost because of cold weather, while the forward curve was lifted by firm prices for carbon emissions, coal and gas. ›

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  • November 7th, 2018

UK GAS-Prices rise on lower temperatures

British wholesale gas prices rose on Wednesday morning on lower forecast temperatures from tomorrow which is expected to raise demand for heating. ›

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  • November 7th, 2018

Oil dips amid well-supplied market, Iran sanction waivers

Oil prices dipped on Wednesday as rising output and U.S. sanction waivers that allow Iran’s biggest buyers to keep taking its crude reinforced the outlook for a well-supplied market. ›

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  • November 6th, 2018

EUROPE POWER-French day-ahead dips on increased wind output, mild weather

European spot electricity prices for day-ahead delivery were mixed on Tuesday as increased wind output and mild weather weighed on the market in France, while the German contract was a tick higher on steady demand. ›

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  • November 6th, 2018

UK GAS-Prices edge lower on oversupply, high wind power output

British wholesale gas prices edged lower on Tuesday morning, as strong output from the country’s wind farms curbed demand for gas from power generators. ›

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  • November 6th, 2018

Oil prices fall on Iran sanction exemptions, economic concerns

Oil prices fell on Tuesday, weighed down by sanction exemptions from Washington that will allow Iran’s biggest oil customers to keep importing from Tehran, as well as by concerns that an economic slowdown may curb fuel demand growth. ›

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  • November 5th, 2018

Oil prices fall as US grants Iran sanction waivers to 8 importers

Oil prices fell on Monday as the start to U.S. sanctions against Iran’s fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily.

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  • November 5th, 2018

UK GAS-Prices fall as warm weather reduces consumption

British wholesale gas prices fell on Monday as warmer weather reduced gas consumption and additional energy supplies awaited from liquefied natural gas (LNG) tankers, wind generation and the start of a nuclear reactor added to the bearish sentiment.

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  • November 2nd, 2018

UK GAS-Prices down on milder weather forecast, strong wind, oversupply

British wholesale gas prices fell on Friday morning due to a combination of milder temperatures expected over the weekend, strong wind output and an increase in supplies.

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