US high-vol metallurgical coal pricing drops further
Talk of more-competitive US high-vol prices lent a bearish tone October 19 to the Atlantic met coal market.
Metallurgical coal markets remain China-centric
Seaborne metallurgical coal producers have a love-hate relationship with China. The world's largest steelmaking country has shown an ability to absorb excess supply of seaborne coking coal, but only at a price that is competitive with its own substantial domestic production.
Food Price Outlook
The Consumer Price Index (CPI) for food is probably the most widely used indicator of changes in retail food prices. ERS regularly updates food price forecasts for the short-term period.
United Arab Emirates plans to increase crude oil and natural gas production
(Fri, 23 Oct 2015) The United Arab Emirates (UAE) was the world's sixth-largest oil producer in 2014, and the second-largest producer of petroleum and other liquids in the Organization of the Petroleum Exporting Countries (OPEC), behind only Saudi Arabia. Because the prospects for further oil discoveries in the UAE are low, the UAE is relying on the application of enhanced oil recovery (EOR) techniques in mature oil fields to increase production.
State Energy Data System: Jet Fuel and Lubricants Through 2014
(Fri, 23 Oct 2015) Annual state-level estimates of energy consumption, prices, and expenditures for jet fuel and lubricants.
Smoke gets in your eyes: The future of China's love of steel
China’s Magang (Group) Holding Co. chairman Haijian Gao tells Joseph Innace about his thoughts on China's steel consumption..
Prime Supplier Report
(Thu, 22 Oct 2015) The latest Prime Supplier Report presents data collected through August 2015 on Form EIA-782C, 'Monthly Report of Prime Supplier Sales of Petroleum Products Sold for Local Consumption.' These data measure primary petroleum product deliveries into the states where they are locally marketed and consumed.
India aims to reduce high electricity transmission and distribution system losses
(Thu, 22 Oct 2015) Despite considerable improvement since the turn of the century, India has one of the highest levels of electricity transmission and distribution (T&D) losses in the world. T&D losses represent electricity that is generated but does not reach intended customers. India's T&D losses are almost 20% of generation, more than twice the world average and nearly three times as large as T&D losses in the United States.
New EU derivatives market legislation to add billions to commodity traders' costs
Much to the dismay of companies across the oil, power, gas, and agriculture sectors, the EU's new Markets in Financial Instruments legislation (MiFID II) is a policy that could add billions to cost of trading commodities.
The bears are back in town: Takeaways from London Metal Exchange week
There was no doubt that the toreros of metal markets had left their bulls at home when they came to London for the annual meeting of traders, brokers, consumers and end-users.