Professional Energy Services publishes weekly UK energy industry news. We keep you up to date on the latest energy market analysis, focusing on the gas, power, and oil markets, changes to legalisation, and industry updates such as noticeable company activities, and green news.
A quick market update: oil is currently at $35; this is up slightly based on oil production cuts. Gas has come down based on eight LNG vessels due to be delivered. Electricity has followed the direction of the gas market and so electricity is also a little bit off due to lower trading activity across EU carbon markets. There’s a little bit of an upward tick today, so we’ll keep monitoring and we’ll be back in touch with the latest updates.
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About the Author
Alex Dovey
Alex Dovey has been running Professional Energy Services since 2013 as co-owner and managing director. While overseeing the commercial and strategic development of the business, Alex is well experienced in the UK commercial energy market and knowledge in all regulation and market dynamics. Alex is also as an experienced trader and risk manager of more than 20 years, focusing on identifying and capitalising on profitable opportunities in energy markets and safeguarding the trading portfolios from various risks.