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Industry News from Energy Services

  • January 4th, 2019

Oil prices rise by more than 1 pct on China-U.S. trade talks, OPEC cuts

Oil prices rose by more than 1 percent on Friday, shaking off earlier losses, after China said it would hold talks with the U.S. government on Jan. 7-8 to look for solutions to a trade dispute between the world’s two biggest economies. ›

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  • January 3rd, 2019

UK GAS-Prices fall as system oversupplied

UK wholesale gas for prompt delivery fell on Thursday, due to an oversupplied system as strong imports offset cold weather forecasts. ›

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  • January 3rd, 2019

Oil prices decline on swelling oversupply, volatile markets

Oil prices fell on Thursday amid volatile currency and stock markets, coupled with concerns that an economic slowdown in 2019 will cut into fuel demand just as crude supplies are surging. ›

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  • January 2nd, 2019

UK GAS-Prices jump on forecast for colder weather

British prompt natural gas prices jumped on Wednesday on forecasts for colder weather, recovering from steep falls during the Christmas and New Year holiday period.

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  • January 2nd, 2019

Oil kicks off 2019 with losses on signs of economic slowdown, surging supply

Oil markets dropped by around 1 percent in 2019’s first trading on Wednesday, pulled down by surging U.S. output and concerns about an economic slowdown in 2019 as factory activity in China, the world’s biggest oil importer, contracted.

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