Links to previous press releases are below.
India’s Crude Imports Rise in April, CPP Exports Ease (1)
India’s crude oil imports rose 250K b/d m-o-m and 600K b/d y-o-y to 4.82M b/d in April, the highest since October 2018, data from the Petroleum Planning and Analysis Cell show.
Meanwhile, the...
Read MorePeter Kitching 1938 - 2019
London: Wednesday May 22nd, 2019: It is with great sadness that we announce that Peter Kitching, former Chairman of Simpson Spence Young (SSY), has passed away, aged 80.
Peter...
Read MoreIndian Coal Production Rises in April
India’s coal output rose 1.3 Mt year-on-year in April to 55.1 Mt, according to provisional IHS estimates based on the latest government data. Meanwhile, in the week to 20 April, total coal stocks at...
Read MoreOECD Further Downgrades Economic Forecast
On 21 May, the Organisation for Economic Co-Operation and Development (OECD) downgraded its March global economic forecasts for 2019 by 0.1 percentage points to 3.2%, while expected growth in 2020 remained...
Read MoreNorway’s April Oil Production Statistics
Norway’s crude oil production dropped 7K b/d m-o-m and 133K b/d y-o-y to 1.38M b/d in April, data from the Norwegian Petroleum Directorate (NPD) show. At 1.73M b/d, total liquids production (crude oil,...
Read MoreColombian Coal Exports in April
Colombian steam coal exports dropped 0.4 Mt year-on-year in April to 5.2 Mt, according to the latest data from IHS. The decline featured a fall in shipments to Europe (-0.6 Mt to 2.2 Mt) and Asia (-0.2...
Read MoreIndia’s April Crude Steel Production Flat
Indian crude steel output in April was flat on the year at 8.7 Mt, according to government data reported by IHS. At 36.0 Mt, production in January-April was 0.1 Mt below the same period last year.
Kashagan Oilfield Returns from Maintenance
Production at Kazakhstan’s Kashagan oilfield was restarted on Sunday following a planned maintenance shutdown, with output reaching 70K b/d during the same day, Reuters reports citing ministry statements.
Following...
Read MoreMjunction Indian Steel Markets Conference
John Kearsey of SSY Consultancy & Research presented an outlook for the dry bulk freight market at this event, held in Kolkata on 7-8 June 2018. He explained the reasons for the rise in ocean...
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