We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 09 February 22
OIL PRICES: "IT'S GOING TO BE VERY EASY" TO GET TO $100/BARREL, ANALYST SAYS - YAHOO FINANCE
Energy and oil prices have been on fire over the last six months — and expect them to go higher, says one analyst.
“For multiple reasons, there’s still room to go higher in the coming weeks,” Troy Vincent, DTN senior market analyst, told Yahoo Finance Live.
Some strategists have been forecasting $100 barrel for oil. “I wouldn’t say it’s inevitable, but it’s going be very easy to get there,” said Vincent.
Over the last six months, crude is up more than 30%. On Monday, prices took a breather after hitting 7-year highs on Friday for both U.S West Texas Intermediate (CL=F) and Brent (BZ=F) crude.
OPEC supply and geopolitics
“We’re in a precarious situation,” said Vincent. “Especially as it pertains to OPEC’s spare capacity to be much smaller by the time we get to summer than what we’ve seen in many years.”
OPEC+ agreed to continue with its output hike of 400,000 barrels per day in March, but some producers haven’t been able to keep up with their side of supply.
“There are a number of players within OPEC that just haven’t been able to deliver. Angola, Nigeria are kind of key to that development and underproduction,” said Vincent. “As we move particularly into the spring and summer, those members that are under-producing are going to go under even further scrutiny. It’s gonna be even more important to the global market, whether or not they can bring that supply back.”
The tensions playing out between Russia and Ukraine are also putting upward pressure on oil prices. “You could see a 10-15% run higher, if in fact, you did begin to see some type of hot war,” said Vincent.
“Any time you have spare capacity limited whether it’s a weather event, like hurricanes, or a geopolitical event — a hot war, terrorist events, etc. — there’s so much more potential for upside in price action in response,” he added.
Source: Yahoo Finance
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 31 January 24
CHINA'S INNER MONGOLIA COAL OUTPUT HIT 1.21B TONS IN 2023 - XINHUA
North China’s Inner Mongolia autonomous region churned out 1.21 billion tons of coal in 2023 as it strives to guarantee the country’s e ...
Wednesday, 31 January 24
GAS EXPORTS COST U.S. CONSUMERS MORE THAN $100 BILLION OVER 16-MONTH PERIOD - IEEFA
Limited Demand Growth Could Dampen the Dry Bulk Market in the Coming Months BIMCOStarting in late 2021—before its invasion of Ukraine—R ...
Tuesday, 30 January 24
LIMITED DEMAND GROWTH COULD DAMPEN THE DRY BULK MARKET IN THE COMING MONTHS - BIMCO
Demand
In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for ...
Friday, 26 January 24
RED SEA DIVERSIONS ADD NEARLY A MILLION DOLLARS PER VOYAGE TO SHIPPING COSTS WHILE DOUBLING TRANSIT TIME - LSEG
The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage whi ...
Friday, 26 January 24
HARD COAL GUARDIAN ANGEL OF THE ENERGY SUPPLY - GERMANY COAL IMPORTERS ASSOCIATION
- No security of supply without hard coal
- The Substitute Power Plant Provision Act (EKBG) must be extended
- Higher grid fees due to the ...
|
|
|
Showing 46 to 50 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Australian Coal Association
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- White Energy Company Limited
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Planning Commission, India
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
|
| |
| |
|
