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Links to previous press releases are below.

News Oil

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...

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News Dry Cargo Steel

Brazilian 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...

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News Oil

US 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...

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News Dry Cargo Coal,Iron Ore

Japanese 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....

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News Dry Cargo Steel

Western 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...

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News Dry Cargo Coal,Iron Ore

South 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...

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News Dry Cargo Steel

Chinese 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...

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News Oil

IEA 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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