Gas price hike to raise Bangladeshi cement prices
Following a hike in gas prices by Bangladesh Energy Regulatory Commission, a rise in the production cost and sales price of cement is expected in the country.
Natural Gas
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Average oil price in 2017 to hover around US$61/bbl, gas at US$3.50/mBtu
Brent oil is expected to average US$61/bbl in 2017, peaking at US$70/bbl during the US driving season while WTI’s average is forecast at around US$59/bbl, according to the lates...
Natural gas price to rise but thermal coal to fall in 2017
Global oil production fell in 2Q16 as the decline in no-OPEC fields is no longer offset by OPEC growth but is expected to remain largely unchanged in 2017, particularly has ther...
US natural gas price to soften before recovery in 2016
As the US faces ample natural gas inventories and high production, US gas prices are expected to further soften this year. “We introduce an end of 2Q15 target of US$2.25/mBtu an...
Emerging markets continue to play key role in global energy prices
With a sluggish US economy where the fiscal cliff remains a major concern in 1H13 and a recession-hit Eurozone burdened by unaffordable energy import costs, it is clear that mos...
Egypt's cement sector faces decline in natural gas supply
In a filing sent to the Egyptian Exchange, Suez Cement reported that Egypt's cement sector is facing a decline in natural gas supply below normal levels. Nevertheless, it said t...
BAML sees 4Q2012 crude prices strengthen
A tightening market for oil sees upward pressure on prices while gas is expected to remain range-bound. The thermal coal glut is expected to need some time to improve, leaving p...