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Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it expects supply to outpace global oil demand growth this year.
Growth in world oil demand is set to slow as post-COVID recovery tailwinds abate. Morgan Stanley analysts peg 2024 oil demand growth at 1.2 million barrels per day (bpd), down from 2.2 million bpd in 2023, they said in a note dated Wednesday.
Supply from outside the Organization of the Petroleum Exporting Countries (OPEC) producer group is also expected to decelerate, but less so – still growing by about 1.7 million bpd in 2024, partially driven by the United States as well as Brazil, Guyana and Canada, the analysts said.
“We expect the production cuts (from OPEC) agreed in late Nov 2023 eventually to be extended throughout all of 2024, and do not exclude a further deepening of these cuts”, they said.
“This will likely limit the pace of inventory builds in 2024, but probably not prevent them. In our base-case projections, we still see inventories build modestly by about 0.5 mb/d this year,” they added.
OPEC said on Wednesday cooperation and dialogue within the wider OPEC+ producer alliance would continue, after Angola last month said it would quit OPEC, and that it plans a Feb. 1 meeting to review implementation of its latest oil output cut.
Brent crude was trading around $78.63 a barrel at 0440 GMT on Thursday, while U.S. West Texas Intermediate crude futures CLc1 were at $73.22.
Source: Reuters
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Friday, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...
Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...
Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...
Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...
Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE
The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...
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Showing 26 to 30 news of total 6871 |
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- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- VISA Power Limited - India
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- MS Steel International - UAE
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- The University of Queensland
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
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