Links to previous press releases are below.
Top officials of OPEC/non-OPEC coalition countries have officially begun discussions about easing production cuts by about 1M b/d, newswires report. This is partly attributed to a recent complaint made...Read More
The Russian Energy Minister, Alexander Novak, supports a potential relaxation of the current production ceiling under the OPEC/non-OPEC supply curbs if the market remains tight until the upcoming late-June...Read More
Colombian Coal Output Falls
Colombian coal production fell by 11.7% year-on-year in the 1q18 to 19.6 Mt, according to official data reported by Reuters. At 21.3 Mt, coal exports over the same period were down by 3.1% on the year-ago level, according to previously reported data from IHS.
US weekly crude exports dropped to 1.75M b/d during the week ending 18 May from an all-time high of 2.57M b/d reached the week before, still over 1.12M b/d higher y-o-y, according to the US Energy Information...Read More
Chinese Government Moves to Combat Steam Coal Price Rises
In response to rising steam coal prices, the National Development and reform Commission has ordered utilities to halt purchasing and/or reduce stockpiles in the next 2-3 weeks, according to IHS.
TXF Natural Resources and Commodity Finance
Speaking at this year's event, held in Amsterdam on 17-18 May 2018, Simpson Spence Young's Head of Research John Kearsey contrasted the uneven recovery in dry bulk freight markets with the continued downswing in the tanker sector.
Argus Marpol Strategy Summit
Held in Houston on 23-25 April 2018, this event included a presentation by SSY's Vivek Srivastava on "The Scrubber Decision For A VLCC - To Fit or Not To Fit?"