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Links to previous press releases are below.

News Coal

Colombian April Coal Exports

Colombian steam coal exports fell 0.2 Mt year-on-year to 4.4 Mt in April, according to McCloskey data. Shipments to the Americas and Asia fell by 0.4 Mt and 1.0 Mt year-on-year to a respective 1.5 Mt and 0.2 Mt. In contrast, exports to Europe and the Mediterranean jumped by 1.2 Mt to 2.7 Mt.

News Economy

Chinese New Bank Loans Fall

Chinese banks extended a net 645.4 billion in new yuan loans in April, down 56% year on-year and 79% below March, according to official data. This represented the smallest increase in net new loans since December 2017.

News Electricity

Chinese Thermal Power Output Lower

Chinese thermal power production fell by 11.8% year-on-year in April to 400.8 billion kWh, according to official data. However, overall electricity generation was only down by 4.3% to 608.6 billion...

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News Oil

US shale oil production to reach highest since March 2020 in June

Oil production from the seven major US shale oil regions is forecast to increase by 143K b/d m-o-m and 754K b/d y-o-y to 8.76M b/d in June, rising for the fifth consecutive month to the highest level...

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News Oil

Australia’s jet fuel demand reaches two-year high in March

Australia’s jet fuel demand increased by 11K b/d m-o-m and 24K b/d y-o-y to 90K b/d in March, the highest level since March 2020 when COVID-19 restrictions were first imposed in the country, according...

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News Grain

Indian Wheat Export Ban

India introduced a ban on wheat exports on 14 May following an ongoing heatwave that has reduced output and raised domestic prices, Reuters reports. Shipments where letters of credit have already been...

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News Steel

Chinese Crude Steel Production

Chinese crude steel production reached its highest monthly level since June 2021, at 92.8 Mt in April, according to official data. However, output fell 5.2% from the same month last year. At 336.2 Mt, output in January-April was down 10.3% on the same four months last year.

News Oil

Singapore’s fuel oil stocks fall to more than two-year low

Singapore’s fuel oil stocks tumbled by 3.07M bbls w-o-w to 17.46M bbls during the week ending 11 May, the lowest level since July 2019, according to Reuters citing Enterprise Singapore data. Light distillate...

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