The December 2020 edition of the Energy Services newsletter is now available! ›

Oil prices dropped on Wednesday after an industry report showed an unexpected rise in U.S. crude oil inventories, and as President Donald Trump rattled markets by threatening not to sign a long-awaited U.S. COVID-19 relief bill. ›

British wholesale gas prices rose on Tuesday morning, lifted by forecasts for colder weather from tomorrow and lower liquefied natural gas send-out. ›

Oil prices dropped nearly 2% on Tuesday, adding to steep losses from the previous session, as a new strain of the novel coronavirus in the United Kingdom triggered concerns over fuel demand recovery. ›

British wholesale gas prices rose on Monday morning due to an expected rise in gas demand from power plants amid lower wind output and colder weather forecasts. ›

Oil prices tumbled by $2 on Monday, as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe sparked worries about a slower recovery in fuel demand. ›

Oil prices slid from nine-month highs on Friday, with soaring COVID-19 cases seen as a threat to near-term fuel demand and a strengthening of the U.S. dollar also having a negative impact.

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Oil climbed to a nine-month high on Thursday after government data showed a fall in U.S. crude stockpiles last week, while progress towards a U.S. fiscal stimulus deal and strong Asian demand also buoyed prices.

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British wholesale gas prices eased off their up to two-year highs on Wednesday, triggered by surging prices for liquefied natural gas (LNG) and emissions, with bearish fundamentals finding a stronger foothold.

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Oil prices fell on Wednesday on a surprise gain in crude oil inventories in the United States and on persistent investor worries about demand for fuel being squeezed amid tighter lockdowns in Europe to counter the coronavirus pandemic.

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