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Industry News from Energy Services

  • April 1st, 2020

UK GAS-Prompt prices fall, lingering at 2009 lows, amid lower demand

British wholesale gas prices fell on Wednesday morning and linger around 2009 lows, amid reduced demand due to higher wind output and temperatures, and as the summer gas season started.

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  • April 1st, 2020

Oil skids as oversupply fears pile up with U.S. inventories growth

Global crude oil prices slid further on Wednesday, following their biggest-ever quarterly and monthly losses, as a bigger-than-expected rise in U.S. inventories and a widening rift within OPEC heightened oversupply fears.

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