Posts Tagged ‘China’

Coal may burn bright, but which Asian market has the lights left on?

If you are a coal producer focused on the Chinese market, I am sure you will be scratching your head thinking about the future. Ever since China started imposing restrictions on imports, suppliers have gone on a wild hunt for buyers.

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Energy Economist: King Coal faces the end of its reign

The coal industry is in crisis. It has failed to recognize the structural shift in power generation driven by regulation rather than price and has missed the window of opportunity to invest in clean coal technologies. Now it faces a slow King Canute style demise, as elaborated by Ross McCracken, managing editor of Platts Energy Economist.

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Is gasoline about to give us a demand response?

A swallow does not a summer make, they say.

How about two?  India has just released its February oil consumption data. And rather  remarkably, gasoline sales are up 18.3% on year, on the heels of a 17.7% spike seen in January.

For the two months, gasoline consumption averaged about 470,000 b/d, compared with 398,000 b/d a year ago. Read the rest of this entry »

The Oil Big Five: Slowdowns from capex cuts and strikes

In the US, March often means spring break: children and young adults have a week off school and classes and families take the time to travel, have some adventures in their hometowns, or just try to catch up and catch their breath as the year continues its hurtle forward.

You may have thought we were taking a break from The Oil Big Five, since this entry is coming midmonth instead of at the beginning of March. Thankfully, that’s not the case, and we’ve caught our breath enough to share this listing of five big oil topics our oil editors and analysts worldwide think are among the most important. Leave us your thoughts in the comments below — are there others you want recognized, or would you like to chime in support that one of these topics is affecting you somehow? — and drop us your feedback on Twitter with the hashtag #oilbig5.

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Guest post — The gold:oil ratio is speaking

Jodie Gunzberg is the global  head of commodities for S&P Dow Jones Indices, which, like Platts, is part of McGraw Hill Financial. She writes on commodity investing on the Indexology blog. Her post from March 12, explaining the ratio of gold prices to oil prices and what lessons can be gleaned from it regarding the oil price collapse, is reproduced here. 

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Should China’s state-owned giants fear the teapot refineries?

China’s intention to relax hitherto strict crude import rules may be causing alarm within its state-owned refiners.

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Could 2015 finally be nickel’s chance to shine?

Nickel was something of a disappointment in 2014 with prices spiking in the first half of the year, only to fall back in the second half, failing to meet many analysts’ expectations.

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Not so amalgamated steel: Top 20 producers account for only 38% of global production

Steel is one of the least consolidated major global industries and despite the massive rise in Chinese steel production, not much has changed in 10 years.

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Petrodollars: Chinese investors second-guess Canadian oil projects

The trans-Pacific partnership of China and Canada promises to diversify product access for one of the biggest oil consumers in the world, but it also comes with problems, as Ashok Dutta explains in this week’s Oilgram News column, Petrodollars.

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Chinese steel trade already slowing ahead of Lunar New Year

The exodus of Chinese steel traders towards their home towns for this year’s Chinese New Year holiday has already started, a week before the traditional Spring Festival celebrations (February 18-24) officially begin, according to sources who talked to Platts. Only some state-owned and major trading firms will stay open till the end of this week, dealers in Shanghai said.

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