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Unsustainable upswing (ICP forecast as of 10 March 2016)

March 10, 2016 adminArticle

The summary of market info as of 10 March 2016 is as follows: The recent rally is the result of a sentiment shift after a number of countries agreed to freeze output at January levels, however it seems unstable due […]

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"Oilmageddon" recession ? (ICP Forecast as of 10 February 2016)

February 10, 2016 adminArticle

The summary of market info as of 10 Feb 2016 is as follows: IEA reported that global oil surplus will be bigger than previously estimated in the first half, increasing the risk of further price losses, as OPEC members Iran […]

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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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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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