Links to previous press releases are below.
Singapore light distillate stocks reach a record high
Singapore light distillate inventories shot up by 2.69M bbls (or 18%) w-o-w to 17.45M bbls during the week ending September 16, rising for the third consecutive week to reach a record high, according...
Read MoreBrazilian Crude Steel Output Rises in August
Brazilian crude steel production grew by 6.5% year-on-year to 2.7 Mt in August, the second month in a row of annual rises, according to data from Instituto Aço Brasil. However, falls each month in the...
Read MoreUS crude oil stocks decline
US commercial crude oil inventories declined by 4.4M bbls w-o-w to 498M bbls during the week ending September 11, according to the US Energy Information Administration (EIA). This is an increase of...
Read MoreJapanese Iron Ore and Coal Imports Drop in August
Japanese iron ore imports declined 25.1% year-on-year to 7.3 Mt in August, according to provisional data from the country’s finance ministry. However, the annual fall slowed from a 43.3% drop in July....
Read MoreWestern European HRB Price Surges
The Western European domestic hot-rolled band (HRB) price climbed $85/t in the three weeks to 14 September to $575/t, the highest level since April 2019, according to the latest SteelBenchmarker...
Read MoreSouth Korean Iron Ore and Coal Imports Fall in August
South Korean iron ore imports declined on the year for a fourth consecutive month, down 0.8 Mt to 6.3 Mt in August, according to data from Korea Customs Service. Receipts in the first eight months of...
Read MoreChinese Crude Steel Production Reaches New High
Chinese crude steel output rose by 8.4% year-on-year to a record 94.9 Mt in August, data from the National Bureau of Statistics (NBS) show. Production climbed higher from a previous peak of 93.4 Mt...
Read MoreIEA continues to lower 2020 demand forecast
The International Energy Agency (IEA) has revised its global oil demand forecast for 2020 down by 200K b/d to 91.7M b/d compared to its last report, citing renewed concerns surrounding the coronavirus...
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