Oil

118 posts · Page 6 of 12

FOB discounts decrease but ARA discounts up

FOB discounts decrease but ARA discounts up

Coal, along with oil fell to US$100 on 21 December 2023, and OPEC+ introduced new cuts to support oil at US$75-80. However, oil rose due to naval attacks in the Red Sea and trou...

Coal drops and petcoke-coal discounts fall

Coal drops and petcoke-coal discounts fall

By Frank O. Brannvoll, Brannvoll ApS, Denmark The price of coal declined after the Israel-Gaza war premium was taken out and oil also moved down. Petcoke saw downward pressure b...