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UK Energy Industry News

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.

Market Snapshot

| Alex Dovey |

 

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.