OPEC+ struggles to support oil as petcoke offers tempting discounts
In a market dominated by geopolitical news from the Middle East (Israel–Hezbollah–Gaza) and a new nuclear doctrine from Russia, which puts the next steps in the war in Ukraine i...
Energy
198 posts · Page 5 of 20
Discounts high as petcoke slides
Oil prices recovered to US$74.50/bbl from US$70 on 20 September 2024, supported by OPEC+ and the US Federal Reserve’s interest rate cut. Coal fell on lower oil prices while gas ...
Energy Index driven lower by oil – petcoke below US$60 with high discount offer
By Frank O. Brannvoll, Brannvoll ApS, Denmark Geopolitics still dominate the markets. Financial markets expect the US Federal Reserve to deliver a 0.25 per cent cut in mid-Septe...
Pakistan cement industry challenges ahead
According to IMS Research, the industry has shifted toward cost optimisation in the absence of strong growth prospects and rising energy costs. Companies plan to improve their p...
Sudden recession fear sends oil and equity markets lower – petcoke now offering higher discounts
By Frank O. Brannvoll, Brannvoll ApS, Denmark The major equity market decline at the start of August, initiated by an interest rate increase to 0.25 per cent by the Bank of Japa...
Petcoke-coal discounts slip as coal prices drop but freight prices rise
By Frank O.Brannvoll, Brannvoll ApS, Denmark Petcoke prices have been slightly under pressure from higher freight prices but remain stable. Following a drop in coal prices, disc...
Oil higher on positive demand forecasts and geopolitical risk while coal and petcoke lower
By Frank O. Brannvoll, Brannvoll ApS, Denmark Political risk and central banks were key in energy developments in the June-start of July period. The European Central Bank (ECB) ...
ECB lowers interest rate while reduced OPEC+ production cuts send oil lower – China discusses ban on >3% sulphur petcoke
By Frank O. Brannvoll, Brannvoll ApS, Denmark Geopolitical risk premiums slowly vanished and need new events to return. Meanwhile, at the start of June, the focus turned towards...
Advancing carbon neutrality through enhanced WHR Premium
In addition to reducing power costs, waste heat recovery (WHR) systems can help cement plants to achieve their goal of carbon-neutral cement production. By Exergy, Italy Exergy’...
Khayah Cement highlights energy challenges
Khayah Cement has said high energy costs along with cheap imports are threatening Zimbabwe’s cement producers, reports AllAfrica. According to the company, although power supply...