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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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Wednesday, 29 June 22
LNG MARKET REMAINS TIGHT - INTERMODAL
LNG market remains tight currently, mainly driven by the US LNG outage from the recent fire in Freeport LNG terminal together with the recent fall ...
Wednesday, 29 June 22
CHINA'S NEW PLAN FOR RENEWABLE ENERGY DEVELOPMENT FOCUSES ON CONSUMPTION - FITCH RATINGS
China’s focus on consumption penetration for renewable energy development in its recently released 14th five-year plan – 2021 to 2025 & ...
Wednesday, 29 June 22
APAC CORPORATE SECTOR OUTLOOKS SHIFT AMID GLOBAL SHOCKS - FITCH RATINGS’
Fitch Ratings’ mid-2022 corporate sector outlook review revealed that the Asia-Pacific (APAC) region saw the largest number of sector outlook ...
Thursday, 16 June 22
MARKET INSIGHT - INTERMODAL
Picking up from my last insight in March, on the early days of the invasion, it's worth pointing out the way that the fast-paced working enviro ...
Saturday, 11 June 22
AIMTEK INTERNATIONAL CONFERENCE AND AWARDS
Press Release: The prestigious AIMTEK International Conference and Awards concluded successfully on June 7th, 2022 at Radisson Blu, Yas Island Abu ...
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- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Planning Commission, India
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Minerals Council of Australia
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- The University of Queensland
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
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- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
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- Meenaskhi Energy Private Limited - India
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