Kpler

No Russian Gas Flows via Ukraine in 2025? What Are the Options for CEE Countries? In Part 2 of our Kpler Insight series, Ronald Pinto explores how Central and Eastern Europe can tackle potential gas disruptions in 2025. Key insights: ◾Azeri gas transit options ◾New pipeline sources ◾#LNG projects to replace #Russian supply ◾Why debottlenecking pipelines is critical Read our full analysis on securing the region's #energy future: https://lnkd.in/d6uVXfNk #kpler #gas #Europe

Curious about how the upcoming US elections could shake up global markets? At the Kpler APAC Insight Forum 2024, our top analysts broke it down. Learn from Jonathan Leitch on economic impacts, Viktor Katona on #oil market shifts, Andon Pavlov on downstream trends, and Go Katayama, M.S. the future of #LNG and natural gas. Want to attend our events? See all here: https://lnkd.in/gVrpSV_p #kpler #USelections

As Europe braces for the colder months, the outlook for #power demand and supply is under the spotlight. What can we expect in terms of pricing, weather impacts, and interconnector flows? Join us on September 24 for our Kpler Power Insight Briefing Breakfast at etc.Venues Convene 8 Fenchurch Pl., #London, as we address these topics and more. Don't miss out on this opportunity to stay ahead of the curve! #kpler #event

Join us at the APAC Insight Forum in Singapore – Monday, September 9th Don't miss this opportunity to gain insights from our leading experts on critical topics, including: ◾How the new #US president's election will impact the #energy market ◾Key challenges and potential solutions for #China's fragile economy This is your last chance to secure a spot! Register here and stay ahead of the latest market trends: https://lnkd.in/d6BJHMGS #kpler #APAC #Singapore

Soft Chinese demand push iron ore and steel prices down Iron ore and #steel prices fell as Chinese demand remained weak, driven by weak economic performance. Global iron ore exports stayed flat in August, with Brazil near record highs and Australian exports declining. Struggles in China's manufacturing and property sectors are pushing prices lower, with #ironore dropping over 8% on the Dalian Exchange. Meanwhile, #coal imports to China and Turkey held firm, and U.S. corn shipments to Asia increased. Global #bauxite and nickel trades dipped seasonally but showed year-on-year growth. #Bulk freight markets strengthened, especially for Capesize vessels, on higher iron ore and bauxite demand. #kpler

Join us at #Gastech 2024 in Houston!  When: September 17-20, 2024 Where: George R. Brown Convention Center, Houston, TX | Stand C360 Discover how #Kpler’s real-time intelligence platform can provide the insights you need to make informed strategic decisions in today's turbulent LNG market. From tracking #LNG ships to analyzing #market trends, we’re here to help you navigate the challenges ahead. Don't miss out—come visit us and learn how to stay ahead of market shifts this winter and beyond!

US #LNG exports saw a significant rise in August, reaching 7.35 mt, marking a 10.4% increase from July and 5% higher than the same period last year. This growth was largely driven by a 1.5x surge in shipments from the Freeport LNG plant in Texas, which resumed operations after a brief shutdown due to Hurricane Beryl. From January to August, the #US exported 56.87 mt of LNG, up 2.5% year-on-year. Europe remained the top destination, receiving 50% of shipments, followed by Asia at 37.4%, with the remainder going to the Americas and Africa. The US continues to lead globally, surpassing both Australia and Qatar during this period.

Downside awaits for oil prices next year as balances weaken Our latest analysis reveals a weakening in global #oil balances, primarily driven by downward revisions in Chinese oil demand due to underwhelming economic activity. While we anticipate stronger Asian demand in Q4, an increase in #OPEC+ supply combined with lower global refinery runs is likely to encourage surpluses over the first five months of next year. On another note, the situation in Libya, where 70% of output is disrupted, may persist longer than the market currently expects. Additionally, the potential for upcoming Fed rate cuts could provide a slight boost to prices in the near term. Meanwhile, market dynamics are shifting, with Brent backwardation steepening and Dubai's narrowing, driving the Brent-Dubai EFS spread to $3.2/bbl—the highest since October 2023—effectively limiting the West-to-East arbitrage. #kpler #OilMarket #GlobalDemand

A breath of fresh air for refinery margins at the end of Q3 The current landscape is challenging, with margins under pressure, particularly in #Europe and #Asia. This has led to the possibility of deeper run cuts beyond what was originally planned for scheduled maintenance. However, there is a silver lining as margins are expected to improve in the near term, offering a potential boost to the market. #Gasoil appears to be the most likely beneficiary, with a tightening balance across the West of #Suez presenting a good opportunity for exporters. Despite this positive outlook, the improvement in #margins is expected to be short-lived, as rising processing rates towards the end of Q4, driven by new setups and enhanced operations, may limit the gains. Navigating these shifts requires strategic planning and agility. Stay tuned for more updates with Kpler Insight: https://lnkd.in/dParFvuh

China continues to buy Brazilian, shunning US soybean Soybean shipments to China remain strong, with line-ups for September and October arrivals already nearing 7 million metric tons (Mt) each month. According to Kpler predictive data South American shipments for August, September and October are poised to break records. However, shipments from the United States currently account for less than 0.3 Mt of these line-ups, with U.S. new crop soybean sales ranking as the third-lowest in recent history, only surpassing the two trade-war years. Brazil remains the largest supplier to China, followed by Argentina and Uruguay at a significant distance. #kpler