Multi Niaga Permai Makmur
Trading Company
Jl. HOS Cokroaminoto 83, Menteng, ; Jakarta Pusat, Jakarta Raya, Indonesia
62 21 3153869
Trading: Timber products, silk cocoon, cotton, textile, garment, shoes, fertilizer, coal, spices, tropical oils, ceramic textile, etc.
Pt. Tritama Bumi Raya
Griya Arga Permai Blok Kk No 3, Yogya, Daerah Istimewa Yogyakarta, Indonesia
Charcoal, Coal, Activated Carbon
Banjar Indah VI No.2, ; Banjarmasin, Propinsi Kalimantan Selatan, Indonesia
62 021 70881106
Cpo, coal, coconut charcoal, cocoa powder
Oelkers MARKET IN GmbH
Bahnhofstrasse 15, Feldafing, Germany
Charcoal, Coal, Firestarters, Firelighters
Habibi Commercial
Trading Company
No.68,2nd Fl., Khosro Alley, Villa Ave, ; Tehran, Iran, Iran (Islamic Republic of)
98 21 8898298
Sugar, fertilizer, clinker, grain, oil products, coal, cementbuying

U.S. oil prices up a 5th session as domestic supplies post a surprise decline

Wed, 20 Oct 2021 12:12:00

Oil futures finished higher on Wednesday, buoyed by a surprise weekly decline in U.S. crude inventories and a drop in gasoline stocks to their lowest in almost two years, even as China’s move to bolster coal supplies looked to dull the outlook for oil demand.

“U.S. stockpiles of crude oil and petroleum products declined as demand continues on its recovery and supply growth remains elusive,” said Peter McNally, global sector lead for industrials materials and energy at Third Bridge. “Inventories of all major categories are now at or approaching their five-year seasonal lows” and demand for gasoline and distillates has “fully recovered to pre-pandemic levels.”

The Energy Information Administration reported on Wednesday that U.S. crude inventories fell for the first time in four weeks, down by 400,000 barrels for the week ended Oct. 15.

That defied expectations for an average 2 million-barrel climb expected by analysts polled by S&P Global Platts. The American Petroleum Institute on Tuesday reported a 3.3 million-barrel increase.

The EIA numbers were “undoubtedly on the bullish side,” Tariq Zahir, managing member at Tyche Capital Advisors, told MarketWatch. The data helped alleviate an “overbought situation” in crude oil, he said.

On its expiration day, West Texas Intermediate crude for November delivery rose 91 cents, or 1.1%, to end at $83.87 a barrel on the New York Mercantile Exchange, up a fifth straight session. Front-month contract prices posted the highest close since Oct. 13, 2014, according to Dow Jones Market Data.

December WTI crude the most active, and now front-month contract, added 98 cents, or 1.2%, to settle at $83.42 a barrel.

December Brent crude the global benchmark, climbed by 74 cents, or 0.9%, to $85.82 a barrel on ICE Futures Europe, logging the highest settlement since Oct. 3, 2018.

The fall in crude supplies prompted U.S. benchmark oil prices to move up more sharply than Brent, which saw limited gains following news on China. Beijing’s top economic planner this week vowed to use “all necessary means” to roll back record coal prices, The Wall Street Journal reported, including domestic laws that let the government limit profit and prices for essential goods.

“This should pressure the high coal prices to ease lower and, in turn, bring oil prices lower too,” said Brian Swan, senior commodity analyst at Schneider Electric, in a note.

China also ordered all coal mines to operate at full capacity, including during holidays, approved new mines and ordered major coal production bases in north and northwestern China to lower prices by 100 yuan a metric ton beginning Tuesday.

Read: Energy crisis? What experts are saying as world faces historic energy-price crunch

Soaring coal and natural-gas prices helped drive crude to recent highs as coal- and gas-fired power generators, particularly in Asia, began switching to oil.

See: Lofty prices for natural gas may fuel a swing back to oil as a power source

“Oil refiners across the globe are kicking into a higher gear by ramping up output to meet demand coming from the U.S., the [European Union], and Asia,” said Swan. “Of course, high natural gas prices across Europe and plant maintenance periods in the fourth quarter will put some constraints on supply. Some power plants have turned to burning diesel and other fuel stockpiles ahead of winter demand.”

If Chinese regulators artificially force coal prices lower, there will be less fuel switching,” said Robert Yawger, executive director of energy futures at Mizuho Securities, in a note. The distillate part of the barrel — refined products including gas oil, heating oil, kerosene, jet fuel and diesel fuel — would be particularly vulnerable to China’s coal plan, he said.

“If coal prices are kept at artificially low prices, then switching to heavy distillates for power generation may not happen at the rate at which many of the world’s most reliable bean counters may have thought,” he said.

Also see: Coal-fired electricity forecast to rise in the U.S. for first time in seven years

Meanwhile, the EIA data Wednesday also showed weekly inventory declines of 5.4 million barrels for gasoline and 3.9 million barrels for distillates.

The S&P Global Platts survey had forecast supply declines of 2.2 million barrels for gasoline and 2.4 million barrels for distillates.

At 217.7 million barrels, motor gasoline stocks are at their lowest since November 2019, according to EIA data.

“This is a story of its gasoline and distillates,” said Phil Flynn, senior market analyst at The Price Futures Group. Demand for both were “incredible,” and that going to keep the market supported.

On Nymex Wednesday, November gasoline rose 1.3% to $2.508 a gallon, the highest close since September 2014, and November heating oil climbed by 1.2% to $2.592 a gallon — the highest since October 2014.

Crude stocks at Cushing, Oklahoma, the Nymex delivery hub, edged down by 2.4 million barrels for the week, the EIA reported, and total domestic petroleum supplies declined by 100,000 barrels to 11.3 million barrels per day last week.

Natural-gas futures settled higher, with the November contract up 1.6% at $5.17 per million British thermal units, ahead of Thursday’s EIA weekly update on U.S. supplies.

Jl. Bangka Raya 33a, Jakarta, Jakarta Raya, Indonesia
Beans, iron sand, coal
160, Borno Way Ebute-metta Lagos, ; LAGOS, EBUTE-METTA, Nigeria
234 01 4335437
Energy, Charcoal, coal, crude oil
Ross Major Enterprise
10 Anson Road# 16-16 International Plaza, Singapore
Palm oil, Coal, Marine Engineering Services
Jc Johnson Company Nigeria
Trading Company
70 Okunola Street, Egbeda. Alimosho, Lagos, Lagos State, Nigeria
Dried Split Ginger, Snails, Coal, Spice
Galana Trading Group, Llc
Trading Company
560 South blvd, ; Troy, Michigan, United States
1 248 8796036
Fertilizers, Agriculture products, Plastic, Wood, Coal.
PBI Holdings (S) Pte Ltd
2 Finlayson Green, Asia Insurance Building, #10-07, ; Singapore
65 92370362
Sugar, timber, logs, coal, cement, iron ores, high-speed diesel, sludge oils, light crude oils, lpg, lng.
M&C Al-Duraibi GenTrade
Trading Company
P O Box 59104, ; Doha, Kuwait
+965 5626107
Sugar, rice, wheat, cement, olive oil, barley, urea, soya bean, coal, milk powders, cane sugar, light crude oil
29 Burma Road, ; Apapa, Lagos, Nigeria
234 1 5872426
Cocoa produce, seasame seeds, cashew nuts, ginger, oil palm, coal, oil&lubricants, etc
Deep vision export co
9 Main Road, ; Comptyn Industrial Zone, Egypt
20 12 3848508
Charcoal, energy, coal
Cemhan Co., Ltd
Trading Company
Egitim Mah. Poyraz Sok. Sadikoglu Is Merkezi 1 No : 18/34 Kadikoy, ; Istanbul, Turkey, Turkey
90 216 4493425-26
Coal, Urea, Wood, Construction
Jl. T.Tambusai no. 898, ; Pekanbaru, Riau, Indonesia
62 761 64888
briquette, charcoal, coal
Trading Company
Bumi Indraprasta, Jl. Abiyasa III No.1, ; Bogor , Propinsi Jawa Barat, Indonesia
62 251 319865
Vanilla beans, virgin coconut oil, poutchouly / nilam oil, uncaria gambier, ginger, rattan, coal, iron sand, embroidery clothes
Sree Prabhu Kahayan PT
Trading Company
Block C No 17-19, Harcomangga Dua Plaza, Block C No 7-19 Mangga Dua Raya, Jakartha, Jakartha, Jakarta Raya, Indonesia
Garmants, Cement, Coal
Trading Company
32 Commercial Area Satellite Town, Bahawalpur, Punjab, Pakistan
Garments, Coal, Bags
4a Council House Street, Kolkata, West Bengal, India
Betel nut, Tyre Tubes, Coal
Minh SOn Trading Import Export Co.,Ltd
Trading Company
# 2 / 34 Xuan La Str, Tay Ho Dist, Ha Noi, Vietnam, Ha Noi, Vietnam
Auto paint, silk, coal
Pacific Geo Corp
1940 Nice Dr, Corona, California, United States
Automobiles, Chemical fertilizers, steel, rail ties, coal,
PT. Sury Kencana Agung
Jl. R. E Martadinata, Ruko Permai Ancol Block-l, No.18-19, ; Jakarta, Propinsi Jawa Barat, Indonesia
62 21 30046991, or 6455777
Coconut shell charcoal, clove, dried sea cucumber, coal,
Flat A, 16/F., Malahon Apartments, 509 Jaffe Road, Causeway Bay, Hong Kong, ; Hong Kong
852 91965928
Coal, Metal, Tracked and wheeled vehicles, special motor vehicles, Railroad vehicles and component, heavy-duty trucks, Bulldozer, Machinery.
po box 4001, ; jkt 10040, Jakarta Raya, Indonesia
62 816 1983772
Coal, mangan, nickel, and other industrial supples& consumer products.
Koh & Lee Engineering Works
134, Jurong East Street 13, ; Singapore
65 00 90084813
General engineering, brokerage, intermediary for services like; oil, coal, etc...
vahid trading co
Trading Company
King Faisal St, Sharjah, Sharjah, United Arab Emirates
Coal, salt, chemicals, barite, agent,
Pt. Batavindo Group
Jl. Sudirman Kav.54-55, Jakarta, Jakarta Raya, Indonesia
Chemicals, crude palm oil, coal
Mida International
Individual (Sole proprietorship)
803 Hrishikesh, Veer Savarkar Marg,, Mumbai 400 028, Maharashtra, India
Cement, Clinker, Coal, Projects, Machinery, Granite, Source Your Need
Karunia Semesta Raya
Trading Company
Jl. Gondangdia Lama 33-Gd. Mandira 3rd Fl 309, Jakarta, Jakarta Raya, Indonesia
Coal, Kernel
110 Regency Lodge, ; London, United Kingdom
44 0207 4490305
General Trade Agents,Fruits(frozen pulp fruits), coffee(organic), coal, frozen sea food(all type of prawns), metals(aluminium, razor steel wires), exotic skin animals.
Trading Company
Raya Dharmahusada Indah 220, ; Surabaya, Propinsi Jawa Timur, Indonesia
62 31 5950025
Cassava, Coal, Cement
NAFED, Ministry Of Industry And Trade
Jl. Abdul Muis No.6-8, ; Jakarta, Jakarta Raya, Indonesia
62 21 3863151
Wooden furniture, rattan furniture, spices, agriculture products, garments, handicrafts, coal, woods
234 803 7163460
coal, garlic and ginger with other minerals.
Cra 53#79-01 Loc106 Suite302, ; Barranquilla, Atlantico, Colombia
57 310 3436884
Urea, Rice, Grains, Coal, Coke(Coal), Cement
Ezequiel Zapiola & Co.
Zapiola 2073 3 D - Buenos Aires - Argentina, ; Buenos Aires, Argentina
54 011 4788-1751
Wood, firewood, coal, leather, honey, fruits, dry fruits, meat
Leo International
Trading Company
91 44 55483633
Autoparts, enggproducts, software, granite, marble, coal, minerals, leather, textile, foodprocessing, eco-friendly, herbal and organic manures
J N Enterprises
Trading Company
1-11-220a, Gurumurthy Lane, Begumpet, ; Hyderabad, Andhra Pradesh, India
91 40 27764299
Ready made garments, textiles, iron ore fines, Coal
Trading Company
8 Fish Eagle, Country Lane Est, ; Pretoria, Gauteng, South Africa
27 724 797797
Industrial minerals, crude oil, Industrial chemicals, pharmaceutical chemicals, diamonds, coal, steel, stainless steel
eddy hamid i.b.o.
Teban Gardens Road#06-347blk 41, ; Singapore
65 64254244
Raw Cashew Nuts, Coal, Coke, Betle Nuts And Other Products From Indonesia
The Apex Services Group
Business Service (Transportation, finance, travel, Ads, etc)
1101-L Hillcrest Parkway, Dublin, Georgia, United States
Jet Fuel, Diesel, Coal, Jet Aircraft, Coal
PT. Indevco Internusa
Trading Company
Puri Kencana, ; Jakarta, Jakarta Raya, Indonesia
62 21 5825071
Fertilizer, urea, ammonia, coal, crude oil, petrochemical, naphtha, benzene, Paraxylene, Toluene
6537 Melrose Ave., ; Los Angeles, California, United States
1 310 401-7050
We offer an array of petroleum products such as Saudi Light Crude Oil, REBCO, D2, Jet Fuel, Light and Heavy Naphtha, Gasoline and LPG, Coal, Urea and grains.
Shupfung Investments
Corporation/Limited Liability Company
Apt B-16-J1, Mutiare Villa, Kuala Lumpur, Kuala Lumpur, Malaysia
Biomass Briquettewood Pelletspetrochemicals-Bitumen, Marble Tiles, Gold Mining Equipment, Palm Oil, Coal, Hydro-Electricity Generators, Solar Power Generators / Cells, Dental Equipment
A. H. International Petroleum Energy
Individual (Sole proprietorship)
Hamad Abdulla Road, Captain Building, Fujairah, United Arab Emirates, United Arab Emirates
Fuel Oil, Diesel, Crue Oil, Coal
Subtundra Oil Holdings INC
Trading Company
23 Col. Balleser, ; Street Zone 2, Signal Village,Tagig Metro Manila, Philippines
63 02 8505341
Urea, DAP, PETROLEUM products, sugar, coal, crude palm oil, Palm Olein
Ito Energy
2 Jurong East Street St 21 IMM Building, Singapore
Crude oil, bitumen, petrochemical, coke, coal
Bleach Chem
Trading Company, Distributor/Wholesaler
7th Floor, Shivalik, OPP: Centre Point, Panchwati, Ahmedabad, Gujarat, India
Polyaluminum Chloride, Caustic Soda, Caustic Potash, Chlorine, Hydrogen Gas, Hydrogen Peroxide, Mdc, Chloroform, Coal, Alcl3, Cpw, Hcl, Sulphuric Acid, Phosphoric Acid, Potassium Carbonate
Petro Zafar
4 Pirozi Ave , Meghdad St, Amin ln Unit 8, ; Tehran, Iran (Islamic Republic of)
0098 21 7480362
Bitumen, tar, coal, coal tar
Room #2901, Pacific Plaza,410 Des Voeux Road West, ; Hong Kong
852 2857 6126
Chemicals, cement, clinker, gypsum, fly ash, slag, coal, plaster of Paris, sugar, wheat, pulses, beans and seeds, newsprint, fertilizer, pig iron, steel, bitumen, computer hardware&accessories, etc.
vanajaa enterprises
26, Thilakar Street, R. S. Puram, Coimbatore, Tamil Nadu, India
Coconut shell, coal, chemicals
WWF Credit & Venture Capital Holding Pte Ltd
Buying Office
401 Race Course Road, Singapore
65-65-6286 9918
Hsd2 d2, crude & jet oil, coal
Epiphany Imports
Trading Company
4319 S. National #283, ; Springfield, Missouri, United States
1 417 619-4395
Crude oil, light sweet, liquid natural gas, coal, bitumen
Es Concept Sdn Bhd
Corporation/Limited Liability Company
Lot 1287, Jln Parry, Miri, Sarawak, Malaysia
Iron, Coal, Nickel, Calcium Carbonate Masterbatch
Tadaruk Global Corporation
Po Box 118454, ; Jeddah, Western Region, Saudi Arabia
966 50 3355159
Crude Oil, Refined Products, Petrochemicals, Chemical, Lubricants, Polymer Resin, Solvents, Coke, Coal, Fertilizer
Paris/Starr International
Trading Company
7700 Cornerstone Way, Baltimore, Maryland, United States
Crude Oil, Coal, Cement
Alvi Bldg; Marriot Road, Karachi, Sind, Pakistan
Polymers, Cement, Coal, Resin
1/55, Skanda, Pestom Sagar, Road No 2, Chembur, ; Mumbai, Maharashtra, India
91 22 25288195
Benezene, tolune, ortho, para xylene, styrene monomer, azadirachtin, neem products, speciality chemicals, coal, Noodles, spice powders, oleo resins, air freight, sea freightings
No 12 Warri Rd, Warri, Delta, Nigeria
Crude oil, coal, chacoal, vegetable oils,
Unit 9-12 Bangunan Cahaya Suria, Jalan Tun Tan Siew Sin, Kuala Lumpur, Wilayah Persekutan, Malaysia
High Speed Diesel D2, Mazut, REBCO, Jp-54, Slco, Blco, Crude Palm Oil, Coal, Cement
22 Krik Road Apapa Walf Lagos Nigeria, Lagos, Lagos Nigeria, Nigeria
Crude Oil, Coal
Seongmin Enterprise
Trading Company, Agent
Huyndai World Tower 2017, Mok 5 Dong, , Yangcheon-Gu, Seoul, South Korea
M100, Coal,
Smk Industries
34-2mk, Industrial Estate, Baroda, Gujarat, India
Soda Ash Dense / Light, Caustic Soda, Barite, Bentonite, Calcium Carbide, Calcium Carbonate, Zinc Oxide, Zinc Sulphate, Silica Sand, Aluminium Sulphate, Sodium Bicarbonate, Feldspar, Coal, Coke, Sulphuric Acid, Alloy
144, Egbeda Idimu Road, Lagos, Lagos State, Nigeria
al khalani trading
Trading Company
Ghusais Dubai, Dubai, United Arab Emirates
Heavy Equipment, Automobile, Coal
19a, Swami Nivas, Nettancode, Karankad Post,, Kanyakumari Dist, Tamil Nadu, India
Coal, alkali, cement, clinkers
ACT Trading
209 Grand St., ; New York, New York, United States
1 917 9578880
Foundry coke, coal
300 Madison Avenue, ; New York, New York, United States
1 718 6891706
Fuel, Coal, Industrial products
Ghanameh Trading Co.
Trading Company
Harika-tareq Ben Ziad St., ; damascu, syria, Syrian Arab Republic
963 11 2232 181
coal , and chemical ,
China Connection
Trading Company
Donghai Road 37, Jindu Garten C-29G, ; Qingdao, Shandong, China (Mainland)
86 532 8579 6269
Metcoke, coal
No.165, North Guangming Street, ; Handan, Hebei, China (Mainland)
86 310 3115502
Coal, activated carbon
mustafa trade international
Trading Company
Basement # 8-a Kulsum Plaza Blue Area, ; Islamabad, Islamabad, Pakistan
92 51 2877284
We purchase chemicale, minerals, valves, pipes/plates and sell rice, rock salt, coal
Argine Group Ltd.
Trading Company
12 Leadenhall Street, ; London, United Kingdom
44 20 76800578
Crude oil, oil products, coal, agricultural products
New Generations Exporting
Trading Company
405e montgomery st., ; francesville, Indiana, United States
1 219 567-2981
I offer construction materials and machinery,coal,flour,and cement.But will take any product you have to offer and try to find a buyer for you.
ZiHuang Trading
Trading Company
1079 Blossom Heights, ; Seremban., NSDK, Malaysia
60 12 6831668
Petroleum Products, Urea, Coal, Iron Ores
Australasia Holdings Ltd
Corporation/Limited Liability Company
16 / F Jcg Building, 16 Mongkon Road, Kowloon, Hong Kong
0-852-6672 5803
Network Device, Bitumen, Coal, Computer Part
Trading Company
Elseady St., ; New Dametta, Egypt
20 57 332009
Software, hardware, second hand warez, furniture, webcam, mic, computer, used monitor, fan, wood, used printer, coal, rice, marble, onion
Arkhangelskaya Sekretarskaya Company
Trading Company
Lomonosov Ave., 206, ; Arkhangelsk, Russian Federation
7 8182 224418
Saw-timber, coal, fish, berries, mishrooms, transportation services
dooryard homes LLC
Trading Company
3155 Trailwood Drive, Newburgh, Indiana, United States
Wooden Structures / Automobiles / Coal
Trading Company
2002 Sena Kalyan Bhaban,195 Motijheel Commercial Area, Dhaka, Dhaka, Bangladesh
Timber logs, cement, cement clinker, gypsum, fly ash, slag, coal, soap noodles, chemicals, fertilizer (ssp, tsp, mop, DAP, urea, npk ), soda ash, topioca starch, hard coke, pig iron, steel, etc.
Jurkalnes 15, Riga, Latvia
Cement, Coal, Domestic
Emerald Sky Cement
Trading Company
17 Main St, Durban, Kwazulunatal, South Africa
Cement, Coal
141-30 Pershing Crest, Jamaica, New York, United States
Cement, Coal
Z. P. U. H. Bagg Sp. J.
Trading Company
Wodzinska 1, ; Chrzanow, Malopolska, Poland
48 32 6234833
Coal, anthracite, granite, gypsum, stone
Keka Multi Enery, PT
Trading Company, Agent
Perum Salebba I No. 23 Bontang-Kalimantan, Bontang, Kalimantan Timur, Indonesia
Stone, Sand, Coal
Associates Chamber, 24-25 Patiala Ground, Link Mcleod Road., Lahore, Punjab, Pakistan
Cement, Coal, LPG
Kali Intan
Trading Company
Jl Ambon No 30A, Medan, Riau, Indonesia
Coal, wood
Lechoba Investment holdings (Pty) Ltd
Trading Company
186 Frekkie De Beer Str., Pretoria (Gauteng Province), Gauteng, South Africa
Cement, Coal, Tyres
empire management group llc
LLC (Ltd Liability Corp)
6000 Nw 68 Street, Parkland, Florida, United States
Cement, Jet Fuel, Corn, Coal
94 Pritchard Street, Johannesburg, Gauteng, South Africa
Cement, Coal, Iron Ore
74 Hayles Buildings, Elliotts Row, London, United Kingdom
Cement, Coal, Spices
Eldanel Business Solutions & Services
Trading Company
Ivanov St, 13, Novosibirsk, Russian Federation
Birch Plywood, Used Pipes, Coal
Gatsby Holdings Pvt. Ltd.
Trading Company
A - 109, Raheja Residency,3rd Block,8th Main, Koramangala, Bangalore, Karnataka, India
Real Estate,Iron Ore,Coal
FNG Global Inc
Trading Company, Agent
6701 Dania, Odessa, Texas, United States
Portland Cement, Prilled Urea, REBCO Oil, Sugar, Coal, Copper, Used Rail
Transway Global Shipping
Buying Office
Room 9004, Guomen Building, No. 6 Xiangming Street, Zhongshan District, Dalian, Dalian, Liaoning, China
Mazut, M100, Fuel Oil, Bitumen, Coal, Cement and clinker and coke
mutiara Selesa S/B
Trading Company
2549, Lee Garden Jalan Sin On, ; Tawau, Sabah Malaysia, Malaysia
60 89 775908
Diesel Oil, Coal, Swan Timber and Timber Logs,
Avflex Commodities
N/A, ; Windsor, Ontario, Canada
1 519 969-8856
Cement, Sugar, Feed Barley, Wheat, Corn, Rice, Soybeans, Urea, NPK, Ammonium Nitrate, Steel Billets, Coal
Glossy International
7A, Dilarjung Road, Ashcroft Jute Press, Godown No-2, Cossipur, ; Kolkata, West Bengal, India
91 33 30944959
Sanitary Wares, Floor Tiles, Wall Tiles, Vitrified Tiles, Coal, Soda Ash, Slag
texas petro
Professional Association
4428 Cole, Dallas, Tx, United States
Oil, Lithium, Nitrates, Coal, Seabed Logging
FECM Resources Sdn Bhd
Berkeley New Town Center, No.121,1st Floor, Jalan Batu Tiga Lama,, ; Klang,, Selangor, Malaysia., Malaysia
60 3 33431768
We sell low, medium and high voltage cables, instrument and signal cables, control power cables, overhead cables and other products such as scrap metals, petroleum, Urea, Coal, Iron Ore, etc.