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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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Tight Supply and Demand – Steady Mode (ICP forecast as of 8 April 2015)

April 8, 2015 adminArticle

The summary of market info as of 8 Apr 2015 is as follows: Saudi Arabia, raised pricing to Asia as refining margins improved for buyers in the country’s biggest market. Defending market share is still an issue due to potential […]

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Backwardation mode (Forecast of Indonesian Coal Price reference/HBA as of 1 April 2015)

April 1, 2015 adminArticle

the summary of coal market info as of 1 Apr 2015 is as follows: Newcastle pricing fell further this week as first-quarter supply tightness continued to give way to improved second-quarter availability. But volatility remained, along with a sizeable premium […]

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Supply is outpacing demand (ICP forecast as of 11 March 2015)

March 11, 2015 adminArticle

The summary of market info as of 11 Mar 2015 is as follows: EIA reported U.S. crude supplies increased to 448.9 million barrels last week. This caused crude inventories climbed by 4.51 million barrels. This situation seems underpin how weak […]

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Weak rebound, Don’t be over excited (ICP forecast as of 10 Feb 2015)

February 11, 2015 adminArticle

The summary of market info as of  10 Feb 2015 is as follows: International Energy Agency (IEA) reported on cutting their long-term supply forecasts, and also their demand estimates. They warned that lower oil prices will not necessarily boost demand […]

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Oil is seeking a "new equilibrium" (ICP forecast as of 13 Jan 2015)

January 14, 2015 adminArticle

The summary of market info as of  13 Jan 2015 is as follows: The markets are continuing to price in huge oversupply in the first half of 2015. Prices are poised to drop further, testing the ability of U.S. shale […]

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Fighting on market share (ICP forecast report as of 9 Dec 2014)

December 10, 2014 adminArticle

The summary of market info as of 9 Dec 2014 is as follows: Oil’s collapse accelerated after OPEC decided Nov. 27 to maintain output levels, underscoring the price war in crude. Crude is trading in a bear market amid signs […]

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Price War – Saudi vs US Shale Oil Producers (ICP forecast report as of 13 November 2014)

November 13, 2014 adminArticle

The summary of Market info as of 13 Nov 2014 is as follows: Several US shale oil producers plan on increasing production even though Saudi take the price of crude sold to US down to $ $70 or even 60/bbl. […]

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Indonesian Crude Price (ICP) forecast as of 7 Oct 2014 (next release date 12 Nov 2014)

October 8, 2014 adminArticle

The market situation as reported from EIA and Bloomberg  is summarized below: Supply is adding pressure to WTI. Market is in a downtrend and it may accelerate. WTI extended losses after the American Petroleum Institute reported U.S. crude inventories rose […]

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Indonesian Crude Price (ICP) Forecast as of 9 Sept 2014

September 10, 2014 adminArticle

EIA (Energy Information Administration) reported in 9 September 2014 as summarized below: Weakening global demand and increased Libyan oil exports contributed to a drop in the North Sea Brent crude oil spot price to an average of $102 per barrel […]

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