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Saturday, 18 February 23
OIL UNLIKELY TO BREAK ABOVE $100/BBL THIS YEAR, J.P.MORGAN SAYS –- REUTERS
Brent oil prices are unlikely to breach the $100 a barrel level this year, barring any significant geopolitical drivers, with OPEC+ potentially adding supply and Russian flows recovering by mid-2023, J.P.Morgan analysts said in a note on Friday.
OPEC+, an alliance that includes members of the Organization of Petroleum Exporting Countries (OPEC) and others including Russia, is unlikely to defend the $80 price floor and hence would not need to cut production quotas this year, according to the note.
The group could instead add 400,000 barrels per day (bpd) to supply, it added.
Saudi Energy Minister Prince Abdulaziz bin Salman said on Thursday the current OPEC+ deal to cut production targets by 2 million bpd would be locked in until the end of the year.
With Russian output expected to see a full recovery by June and higher price levels preventing the U.S. from repurchasing to add to its strategic petroleum reserves, the supply-demand balance will likely tighten further, J.P.Morgan analysts said.
Global benchmark Brent crude futures were trading around $84 per barrel on Friday, on track for a weekly decline on bets that tighter U.S. monetary policy could crimp demand.
J.P.Morgan also maintained its estimate for top importer China’s oil demand growth of 770,000 bpd.
China is expected to import a record amount of crude in 2023 due to increased demand for fuel, mainly as people travel more following the dismantling of COVID-19 curbs, analysts said.
Source: Reuters
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Thursday, 03 November 22
HANDYSIZE VALUES MOVING UP IN OCTOBER, WHILE LNG VALUES SKYROCKET - VESSELSVALUE
Handysize values have increased this month across most ages, following a period of decline. Values for generic 10 year old Handysizes have moved up ...
Thursday, 03 November 22
EUROPEAN GAS SUPPLY SURPLUS, NOVEMBER HBA DOWN TO US$ 308.2 PER TON - ESDM
European gas supply conditions have a major influence in determining fluctuations in the Reference Coal Price (HBA). The November 2022 HBA recorded ...
Wednesday, 02 November 22
MARKET INSIGHT - INTERMODAL
Only five weeks before western sanctions’ full effect, uncertainty over energy has markets and governments on the edge. What was initially th ...
Tuesday, 01 November 22
CHINA COAL TRADE DISRUPTED BY COVID OUTBREAKS AS WINTER LOOMS - REUTERS
China’s strict COVID-19 policy is constraining coal supplies and pushing up prices, industry officials and traders say, just weeks before the ...
Monday, 31 October 22
U.S. COAL-FIRED GENERATION DECLINING AFTER BRIEF RISE LAST YEAR - EIA
We expect 6% less U.S. coal-fired generation in 2022 than in 2021, according to our latest Short-Term Energy Outlook (STEO). Although coal-fired ge ...
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- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Minerals Council of Australia
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Australian Coal Association
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- The University of Queensland
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
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