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Become lower for even longer (ICP forecast as of 11 Dec 2015)

December 12, 2015 adminArticle

The summary of market info as of 11 Dec 2015 is as follows: OPEC members failed to agree on oil production ceiling in the 4th Dec meeting, after Iran rejected any production cut proposal until they can restore 1 million […]

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The Eagle has landed (ICP forecast as of 11 Nov 2015)

November 11, 2015 adminArticle

The summary of market info as of 11 Nov 2015 is as follows: OPEC sees oil prices have bottomed by below reasons: Demand is going up in 2015 and 2016, as predicted by EIA Non-OPEC supply is going down U.S […]

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Oil and gas economics – Techniques and Application, 19 – 20 January 2016, Ritz Carlton – Jakarta

November 7, 2015 adminTraining

In collaboration with Energy Nusantara,  this 2-day interactive training that suits to those who working in Oil and gas companies, EPC companies, Lawyers, Consultants, Investors, Banks, Storage and transportation, Suppliers, Government and regulators. This training is both Indonesia and International focus with case […]

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Unconfirmed Floor Price (ICP forecast as of 8 Oct 2015)

October 8, 2015 adminArticle

The summary of market info as of 8 Oct 2015 is as follows: EIA reported U.S. crude oil production will continue to  decline through August 2016 attributable to unattractive economic returns in some areas and as anticipated hurricane-related production disruptions […]

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Waiting for Saudi's position (ICP forecast as of 11 Sept 2015)

September 11, 2015 adminArticle

The summary of market info as of 11 Sept 2015 is as follows: The North Sea and Nigeria will ship the most crude in more than three years in October, adding to downward pressure on oil prices just as demand […]

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Unfavorable Future (Coal Price Forecast as of 17 August 2015)

August 17, 2015 adminArticle

the summary of coal market info as of 17 August 2015 is as follows: After China, India as the third-biggest consumer, looks to dramatically reduce overseas purchases in the coming years. Low coal, oil and gas prices could persist for […]

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Cutting production is a must ! (ICP forecast as of 11th August 2015)

August 11, 2015 adminArticle

The summary of market info as of 11 August 2015 is as follows: OPEC pumped the most crude last month in more than three years as Iran restored output to the highest level from 32,300 barrels a day in July […]

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Getting hit from all angles (ICP forecast as of July 2015)

July 8, 2015 adminArticle

The summary of market info as of 8 July 2015 is as follows: Oil slumped the most since March amid speculation that : – The Greek crisis prompted investors to eschew riskier assets. – How China will restore investor confidence […]

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It's a matter on market share not price control (ICP forecast as of June 2015)

June 10, 2015 adminArticle

The summary of market info as of 9 June 2015 is as follows: OPEC Meeting on 5th of June 2015, agreed not to cut the production. It seems they choose to collapse oil prices and trying to squeeze out US […]

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Recovery is not strong enough (ICP forecast as of 12 May 2015)

May 12, 2015 adminArticle

The summary of market info as of 11 May 2015 is as follows: The higher oil price in April is a respond to the declining oil production scenario in the U.S. It was reflected by the number of active rigs […]

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