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Industry News from Energy Services

  • November 6th, 2019

UK GAS-Prompt prices rise as cold weather lifts demand

Britain’s prompt gas prices rose on Wednesday as colder than previously forecast temperatures lifted demand, balancing the system and offsetting a rise in Norwegian imports and liquefied natural gas (LNG) supplies.

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  • November 6th, 2019

Oil falls after three-day rally on larger-than-expected U.S. crude build

Oil prices fell on Wednesday, pulled down by a larger-than-expected build in U.S. crude stocks, after gaining for three sessions on expectations of an easing in U.S.-China trade tensions.

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  • November 5th, 2019

EUROPE POWER-Falling temperatures, wind power drop drive prompt price rise

Forecasts for higher power demand drove a rise in European prompt electricity prices on Tuesday as temperatures dropped in the main markets and German wind power generation fell. ›

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  • November 5th, 2019

UK GAS-Prices mostly higher on stronger demand

British wholesale gas prices were mostly higher on Tuesday morning due to stronger demand though an oversupplied system put pressure on the price for immediate delivery.

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  • November 5th, 2019

Oil edges lower after gains driven by trade optimism

Oil prices steadied on Tuesday as investors kept an eye on U.S. inventory data due later in the day, following two days of gains on positive economic data and hopes for a Washington-Beijing trade deal.

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  • November 4th, 2019

UK GAS-Prices rise on higher consumption levels

British wholesale gas prices rose on Monday morning as demand for heating and from gas-to-power plants increased.

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  • November 4th, 2019

Oil slips as concerns over economic data offset trade deal optimism

Oil prices eased on Monday as traders took profit ahead of fresh European and U.S. economic data, despite hopes for some resolution to the U.S.-China trade row that has hurt global economic growth and crimped energy demand.

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  • November 1st, 2019

UK GAS-Prices jump as Norwegian flows drop sharply

British wholesale gas prices jumped on Friday morning as flows from Norway dropped sharply. ›

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  • November 1st, 2019

Oil prices little changed but set for big weekly loss

Oil prices were little changed on Friday but set for a slide of about 4% on the week hurt by rising global supply and concerns about future demand. ›

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