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Links to previous press releases are below.

News Oil

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,...

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News Dry Cargo Steel

Daily 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...

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News Oil

Iraq’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...

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News Dry Cargo Steel

Brazilian 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.

News Oil

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...

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News Dry Cargo Steel

Japanese 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.

News Dry Cargo Steel

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.

News Oil

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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