Links to previous press releases are below.
US crude oil stocks build amidst cold weather snap
US commercial crude oil inventories increased by 1.3M bbls w-o-w and 19.7M bbls y-o-y to 463M bbls during the week ending February 19, bringing an end to four consecutive weeks of inventory draw downs,...
Read MoreDaily CISA Crude Steel Production Reaches Record High
Crude steel output among China Iron and Steel Association (CISA) member mills averaged 2.28 Mt/day over 11-20 February, the highest level on record, industry data reported by Mysteel show. Production...
Read MoreIraq’s crude oil exports rise to three-month high
Iraq’s crude oil exports increased by 43K b/d m-o-m to 3.28M b/d in January, rising for the third consecutive month to the highest level since October 2020, according to Energy Intelligence reporting...
Read MoreBrazilian Crude Steel Production in January
Brazilian crude steel output rose by 10.8% year-on-year to a two-year high of 3.0 Mt in January, data from the Brazilian steel institute show.
Indian crude oil imports from North America jump to record high in January
Indian crude oil imports from North America shot up by 260K b/d m-o-m and 290K b/d y-o-y to a record high of 510K b/d in January, accounting for around 11% of the total 4.78M b/d supplied during the...
Read MoreJapanese Crude Steel Output Drops for 11th Successive Month
Japanese crude steel production fell by 0.3 Mt to 7.9 Mt in January, marking an 11th successive month of annual decline, data from the Japan Iron and Steel Federation show. Despite this, output was still a 10-month high.
Daily Crude Steel Output in China
Crude steel production from China Iron and Steel Association (CISA) member mills reached 2.15 Mt/day over 1-10 February, down from 2.18 Mt/day in the last ten days of January, industry data show. Despite this, average daily output was still 0.2 Mt above the year-ago level.
Indian crude oil imports ease in January
India’s crude oil imports declined by 210K b/d m-o-m and 80K b/d y-o-y to 4.63M b/d in January, falling after previously jumping to a two-year high in December, according to data from the Petroleum...
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