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Blue Bird Coal Committed to Focus Indigenous Development

International Coal Prices

Oil Retreats 4% as Iran-Israel Strikes Avoid Major Supply Disruption June 16, 2025
Oil prices dropped nearly 4% on Monday, erasing much of last week's conflict-driven gains, as traders reacted to signs of easing tensions between Israel and Iran. The reversal came sharply after a Wall Street Journal report indicated that Iran is urgently signaling its desire to halt hostilities and resume negotiations over its nuclear program. Brent […]
Rystad: Oil Prices To Remain Below $80 Despite Escalating Middle East Tensions June 16, 2025
Oil prices are likely to remain capped below $80 per barrel despite the escalating Israel-Iran conflict, research firm Rystad Energy said on Monday, as Iran and Israel continue to trade strikes with the escalation now in its fourth day. “Based on our earlier disruption simulations, we see oil prices capped below $80 per barrel,” Mukesh […]
OPEC Oil Output Increase Falls Short of Target June 16, 2025
OPEC’s crude oil production rose by 180,000 barrels per day (bpd) to 27 million bpd in May, with producers part of the OPEC+ agreement raising output by much less than the 411,000 bpd headline hike planned for last month as some members compensated for past overproduction. The five OPEC members that have pledged cuts in […]