Links to previous press releases are below.
Exports of Nigeria’s four main grades of crude oil are expected to decrease by 25K b/d m-o-m to 743K b/d during August, according to Reuters reporting on preliminary loading programmes. Exports of the...Read More
US commercial crude oil inventories grew by 1.4M bbls w-o-w to 540.7M bbls during the week ending June 19, as stocks grew to fresh record highs for the third consecutive week, according to the US Energy...Read More
US Steel Imports Drop in May
US steel imports fell for the tenth consecutive month in May, down 0.3 Mt year-on-year to 1.6 Mt, provisional Census Bureau data show. At 9.9 Mt, imports in the first five months of the year dropped 2.4 Mt on the corresponding period in 2019.
Kuwait and Saudi Arabia are set to resume oil production from the jointly operated Khafji and Wafra oilfields from July 1, after production was paused from the start of June in order to comply with...Read More