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Links to previous press releases are below. We welcome bona fide press enquiries, please email for further information

News Oil

FY2019 Demand Growth is Revised Higher by OPEC

In its latest Monthly Oil Market Report, OPEC estimated oil demand will increase by 1.65M b/d in 2018 to an average of 98.85M b/d. Demand growth was revised higher by 25K b/d compared to last month’s...

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News Coal

South Korean Coal Imports Increase

South Korean coal imports rose by 2.2 Mt year-on-year to a seven-month high of 13.8 Mt in April as shipments of both coking and steam coal (incl. anthracite) increased, IHS reports. Lifted by strong...

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News Steel

CISA Mill output at Eight-Month High

Daily crude steel output at China Iron and Steel Association member mills edged up to 1.91 Mt in the period 21-30 April, the highest since August 2017, according to data from the industry association...

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News Oil

Japan to Find Alternative Middle Eastern Crude Supplies in Case of Iranian Shortfall

JXTG Holdings, Japan’s biggest oil refiner, will increase its purchases from other Middle Eastern nations to meet potential shortfalls of Iranian crude following the resumption of US sanctions against...

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News Economy

Chinese Bank Lending Rises in April

Chinese banks issued 1.18 trillion ($186 billion) yuan in net new yuan denominated loans in April, up by 7.3% year-on-year and a three month high, according to People’s Bank of China data reported by...

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News Oil

Nigerian Production Rises, Arbitrage Economics Continue to Favour US Crude Exports

Recent estimates from Nigeria’s Oil Ministry put the country’s total oil production (including condensates) at 2.07M b/d in April, up 50K b/d from March’s 6-month low.

Nigeria has continued...

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News Grain

US Corn Shipments Accelerate

US corn exports climbed to a four-week high of 1.78 Mt in the week ending 3 May, over 1 Mt higher than the year-ago level, the US Department of Agriculture reports. Coupled with a small increase in...

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News Steel

Brazilian Steel Exports in April

Brazil exported 1.1 Mt of steel in April, up by 0.3 Mt year-on-year, the country’s trade ministry reports. However, following two months of annual declines in shipments in February and March, exports...

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