Trump's first 50 days: (Dis)approval steering gold
With the Donald Trump presidency reaching its 50th day at the weekend, we take a look at the impact the current administration is having on gold prices.
Let’s talk about NEAT: Looking dapper from its napper to its feet
NEAT refers to our recently launched North East Asia Thermal (NEAT) coal index. Since its inception in early January, the daily index has tracked the value of thermal coal cargoes arriving into the markets of Japan, Korea and Taiwan.
Warm weather leads to first recorded natural gas storage injection in February
(Thu, 09 Mar 2017) Warmer than normal weather throughout much of the United States resulted in the first recorded net natural gas injection during a week in February since weekly storage data has been collected. For the week ending February 24, the amount of natural gas in storage in the Lower 48 states increased 7 billion cubic feet (Bcf).
2017 could be a huge year for the European steel industry
Europe is a diminishing industrial power and its steel sector has reflected that, declining to just 10% of global production in 2016.
LNG market at a ‘tipping point,’ CERAWeek speaker says
If you are in LNG today, you want to be in Asia, the world’s biggest market for the fuel. While there is opportunity, though, there also is uncertainty.
U.S. crude oil and natural gas production both fell in 2016
(Wed, 08 Mar 2017) Based on data in EIAâs Monthly Crude Oil, Lease Condensate, and Natural Gas Production Report, average crude oil production in the Lower 48 states fell to an average 8.39 million barrels per day (b/d) in 2016, a decrease of approximately 0.55 million b/d, or 6.1% from the 2015 average.
Midwest and Rocky Mountain Transportation Fuels Markets
(Wed, 08 Mar 2017) A new study commissioned by the U.S. Energy Information Administration (EIA), finds that changes in North American energy markets over the past decade have strengthened the supply of transportation fuels including motor gasoline, distillates, and jet fuel in the Midwest and Rocky Mountain regions.
White House tries to join CERAWeek party
While Trump appeared to take at least partial credit an ExxonMobil project plan, a US government-enabled boost to domestic producers may be unnecessary.
Timeline: China’s crackdown on induction furnace steel
China’s clampdown on induction furnace steel has gathered pace, after it was singled out as a cornerstone of this year’s supply-side structural reforms.
Australia Country Analysis Brief
(Tue, 07 Mar 2017) Australia, rich in energy commodities, is one of the worldâs top producers and exporters of fossil fuels and uranium. The countryâs stable political environment, relatively transparent regulatory structure, substantial hydrocarbon reserves, and its proximity to Asian markets make it an attractive location for investment in energy production and mining. Although, in the past few years, Australiaâs energy projects, particularly LNG export facilities, have faced escalating costs, creating some challenges to companies developing hydrocarbon resources there.