Links to previous press releases are below.
OPEC production rises to highest since April 2020
OPEC oil output rose by 210K b/d m-o-m to the highest level since April 2020 at 29.81M b/d in September, according to a Reuters survey. Production was boosted by increased output from Libya and members...
Read MoreChina’s PMI Rises to Expansion Level
In September, China’s manufacturing Purchasing Managers’ Index (PMI) reached 50.1, rising 0.7 points from the previous month and above the 50 threshold that separates expansion from contraction for...
Read MoreSingapore’s middle distillate inventories fall to five-week low
Singapore’s middle distillate stocks declined by 1.05M bbls w-o-w and 3.18M bbls y-o-y to a five-week low of 7.34M bbls during the week ending 28 September, according to Reuters citing Enterprise Singapore...
Read MoreUS Weekly Exports of Soyabeans Fall
US weekly exports of soyabeans halved from the previous week and year-on-year to 0.3 Mt in the seven days to 22 September, according to US Department of Agriculture data. Shipments of corn also fell...
Read MoreUkraine Grain Exports Down
As of 28 September, Ukraine had exported almost 8 Mt of grain since the start of the 2022/23 market year (July-June), down 41.5% year-on-year, according to government data reported by Reuters. This...
Read MoreHRB Steel Prices Fall Further
In the two weeks to 26 September the US domestic hot rolled band (HRB) steel price fell $20/t to $868/t, reaching a new year-to-date low, according to World Steel Dynamics’ SteelBenchmarker....
Read MoreUS crude exports jump
US crude oil exports increased by 1.1M b/d w-o-w and 1.6M b/d y-o-y to 4.6M b/d during the week ending 23 September, rising to the highest level since the week ending 12 August when a record level of...
Read MoreBP and Chevron shut US Gulf platforms ahead of Hurricane Ian
BP and Chevron have recently suspended production at four offshore platforms in the US Gulf of Mexico as a precaution ahead of Hurricane Ian, which is currently forecast to reach Category 4 strength...
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