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Oil settles lower after large U.S. inventory build

The Energy Information Administration dropped a bombshell on the markets when it announced a 10.1 million barrel build in U.S. crude inventory, the largest weekly increase in at least 14 yea

January 27, 2015

Global gas prices to sink further in coming months

Asian liquefied natural gas prices, already at four-year lows, face further steep losses in the first half of 2015 as the full force of a weak crude market works through into gas contracts a

January 27, 2015

Europe could overtake Russia as largest gas supplier to Ukraine

Ukraine expects Europe to take over Russia as its main gas supplier in 2015, with Europe covering 60% of its gas imports. The country plans to import 20 bcm in 2014 (40% from Russia).

January 27, 2015

Weihai Port imports the first cargo of commercial coal in 2015

A Cambodian vessel carrying coal anchored successfully at the wharf of Weihai Port the other day, marking the first cargo of commercial coal imported by the port since the new import rule to

January 22, 2015

Shenhua Group witnesses a drop in both coal and power businesses in 2014

In 2014, the coal miner yielded 306.6 million mt of commercial coal, a yearly decline of 3.6%. Its coal sales in the past year arrived at 451.1 million mt, registering a yearly dip of 12.4%.

January 22, 2015

Qinzhou Port posts an almost 20% YoY drop in imported coal value

In 2014, China’s Qinzhou Port imported 153 lots of coal, a yearly slump of 48.83%. It included 4.7686 million mt in volume with a yearly drop of 6.63%, and was valued at $297 million, slid

January 22, 2015

Propane, butane markets still at downside risk despite a prompt rally

China propane and butane markets have maintained weakness since the start of 2015, owing to concerns about flagging international crude oil prices.

January 22, 2015

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