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Industry News from Energy Services

  • May 10th, 2021

UK GAS-Prices rise on gas-for-power demand, weaker imports

British wholesale gas prices rose on Monday morning due to increased demand from power plants and lower imports.

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  • May 10th, 2021

Oil gains after cyberattack forces shutdown of crucial U.S. pipelines

Crude prices rose on Monday after a major cyberattack forced the shutdown of critical fuel supply pipelines in the United States and highlighted the fragility of its oil infrastructure.

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  • May 7th, 2021

UK GAS-Prices fall after a week’s gains, higher temperatures

British wholesale gas prices fell on Friday morning after rising all of this week, with temperatures forecast to go up from tomorrow.

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  • May 7th, 2021

Oil prices climb as China, U.S. economic data lift markets

Oil prices recovered after a 1% dip in the previous session on buoyant economic data from China and the United States, even as the surging COVID-19 pandemic in India capped prices. ›

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  • May 6th, 2021

EUROPE POWER-Curve at new highs, driven by fuels, carbon, policy

European power curve prices on Thursday set new multi-year highs, driven by firmer fuels and carbon emission prices, and looming tighter climate regulations Germany.

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  • May 6th, 2021

UK GAS-Lower imports and undersupply lift prices

British wholesale gas prices rose on Thursday morning as lower imports and strong demand left the market undersupplied.

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  • May 6th, 2021

Oil prices rise on drawdown in U.S. crude inventory

Oil prices edged higher on Thursday, recouping early losses, as crude stockpiles in the United States, the world’s largest oil consumer, fell more sharply than expected as refining output rose and exports surged.

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  • May 5th, 2021

UK GAS-Prices rise on lower wind output, temperatures

British wholesale gas prices were mostly higher on Wednesday morning as wind output is expected to decrease and temperatures dip.

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  • May 5th, 2021

Oil prices gain after steep drop in U.S. crude inventories

Oil prices rose for a third day on Wednesday after industry data indicated U.S. crude inventories fell much more than expected last week, reinforcing bullish views on fuel demand in the world’s largest economy.

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  • May 4th, 2021

UK GAS-Prices soar on lower supply, high carbon

British wholesale gas prices rose to their highest levels since January on Tuesday morning, driven by lower send-out of liquefied natural gas (LNG), firm demand and high carbon prices.

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