We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 09 November 15
BUNKER PRICES TO KEEP SLIDING THIS WEEK, EXPERT SAYS - MARINE BUNKER EXCHANGE
 The oil price volatility has continued this week. Two dollars up one day and the next day two dollars down. The oil market has been trading on the same spot for some time now. Technically there is no trend. The market is today at GMT 14:09 Brent $48.26 (-0.32) and WTI $45.86 (-0.46)
The discount in price of oil for immediate delivery relative to that for delivery in a year, or contango, neared its largest diff in nearly two months this week, touching $7 a barrel (Contango means that forward contractual prices are higher than today’s prices). This shows the sentiment of the market, hoping the supply and demand will be more in balance 6 months to 1 year from today.
Ample supply of North Sea crude, which underpins the benchmark futures price, has pushed physical prices to their lowest since June. The contango in Brent futures could widen more than the current levels when looking at the highly oversupplied present physical market.
Contributing to the generally bearish sentiment was an internal OPEC document seen by Reuters that showed weaker demand in the next few years for oil from the group.
OPEC oil ministers will meet on Dec. 4 to decide whether to extend their year-old strategy of allowing prices to fall to slow higher-cost rival supply.
OPEC, along with Russia, is unlikely to change tactics. OPEC and Russia will continue to produce as much as possible in order to squeeze out higher cost producers.
Will it really work?
The reduction in U.S. drillers is like a drop in the Ocean and will not change much as far as the oversupply is concerned. The big three, Russia, OPEC and the U.S., must sit down together and sort out what can be done. As it is now they are all depleting their resources against very little money in the name of market shares.
The dollar surged to a three-month high and European and Asian stock markets dipped on Thursday as expectations hardened of the first rise in U.S. interest rates in almost a decade coming next month.
Federal Reserve chief Janet Yellen and two senior colleagues pointed to December as a “live possibility” for a rise, adding to signs that the U.S. central bank is again on the verge of moving after months of vacillating over the domestic and global economy’s ability to deal with higher borrowing costs.
Source: Marine Bunker Exchange Hellenic Shipping News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 18 March 23
HEDGE TO OFFSET LNG VOLATILITY, TRADERS TOLD - BALTIC EXCHANGE
A shift in imports from Asia to Europe led to significant volatility in liquefied natural gas shipping last year, prompting industry experts to urg ...
Friday, 17 March 23
INDONESIAN COAL PRICE REFERENCE UP AROUND 2.17% IN MARCH 2023
COALspot.com: Indonesian Coal Price Reference up around 2.17% in March 2023.
According to the new HBA regulation No. 41.K/MB.0 ...
Saturday, 11 March 23
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. ...
Wednesday, 08 March 23
INDONESIAN COAL REFERENCE PRICE FORMULA HAS OFFICIALLY CHANGED
Indonesian Minister of Energy and Mineral Resources has officially changed the guideline for determining the benchmark price for the sale of coal c ...
Thursday, 02 March 23
INDIA'S SEABORNE CRUDE OIL IMPORTS IN 2022 INCREASED BY 11.5% YOY - BANCHERO COSTA
2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession, Banchero Costa ...
|
|
|
Showing 126 to 130 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- The University of Queensland
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Sojitz Corporation - Japan
- PTC India Limited - India
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
|
| |
| |
|