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Industry News from Energy Services

  • January 11th, 2019

Oil set for weekly gain on trade optimism, OPEC-led supply cuts

Oil prices rose 1 percent on Friday, on track for solid weekly gains after financial markets strengthened due to hopes the United States and China may soon resolve their trade dispute. ›

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  • January 10th, 2019

UK GAS-Prices fall on oversupply, warmer temperature forecasts

British wholesale prompt gas prices fell on Thursday morning due to an oversupplied system and forecasts for warmer temperatures. ›

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  • January 10th, 2019

Oil drops by 1 percent on U.S. supply surge, caution after U.S.-China trade talks

Oil prices fell by more than 1 percent on Thursday on swelling U.S. supply and amid caution after talks between the United States and China finished without any concrete details on a resolution to their trade disputes. ›

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  • January 9th, 2019

UK GAS-Prices up on cold weather but ample supply limits rise

British wholesale gas prices rose on Wednesday morning due to an increase in gas demand caused by cold temperatures. ›

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  • January 9th, 2019

Oil rises by over 1 percent on U.S., China trade talk optimism

Oil prices rose by around 1 percent on Wednesday, extending gains from the previous session on hopes that Washington and Beijing may soon resolve trade disputes that have cast a dark shadow over the global economy. ›

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  • January 8th, 2019

UK GAS-Prices up on arrival of delayed cold weather

British wholesale gas prices rose on Tuesday on the arrival of colder weather, which was initially expected from Monday and caused prices to fall on the previous day’s missed forecasts. ›

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  • January 8th, 2019

Oil prices steady on trade talk hopes and OPEC cuts, but slowdown looms

Oil prices were stable on Tuesday, supported by hopes that talks in Beijing between U.S. and Chinese officials might defuse trade disputes between the world’s biggest economies, while OPEC-led supply cuts also tightened markets. ›

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  • January 7th, 2019

UK GAS-Prices drop on large oversupply, mild weather

British wholesale gas prices fell on Monday as lower consumption due to warmer weather left the market heavily oversupplied. ›

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  • January 7th, 2019

Oil prices jump on U.S-China trade hopes, supply cuts

Oil prices rose by more than 1.5 percent on Monday on hopes that talks in Beijing can resolve a trade war between the United States and China, while supply cuts by major producers also supported crude. ›

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  • January 4th, 2019

UK GAS-Prices rise on cold temperatures

British wholesale gas prices rose on Friday morning as this week’s cold snap reached its peak, boosting demand for gas. ›

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