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IEA forecasts global coal demand to 9 Gt/year by 2019

According to the International Energy Agency (IEA), global coal demand is expected to continue growing at a steady pace (+2.1%/year or +772 Mtce),

January 14, 2015

Henan's coal production capacity to steady at 220 mln mt

The province aims to shut down over 20 small mines with poor exploring conditions, small reserves and thin safety fundamentals and to wipe out over 3 million mt backward capacity by the end

January 14, 2015

China eyes 2014 coal imports down 10.9% YoY to 291 mln mt

According to the General Administration of Customs of China, the country imported 27.22 million mt of coal and lignite in December 2014, a monthly growth of 6.19 million mt or 29.43% and a y

January 14, 2015

Oman is considering privatising oil refinery ORPIC

The government of Oman is considering divesting part of the Oman Oil Refineries and Petroleum Industries Co (ORPIC)

January 14, 2015

Bunker market kept downward further amid negative sentiment

China bunker oil market continued downward further with negative sentiment of crude oil, blended feedstock price and supply-demand after New Year holidays.

January 14, 2015

Goldman cuts Brent three-month forecast to $42 a barrel

Oil prices renewed their declines on Monday, dropping below $49 a barrel as Goldman Sachs slashed its short-term forecasts and Gulf producers showed no signs of cutting production.

January 14, 2015

No change in OPEC policy amid oil slide

Oil prices have lost well over half their value since late June, with benchmark US prices now trading below $45 a barrel.

January 14, 2015

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