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Links to previous press releases are below.

News Oil

Singapore’s crude imports rise in April

Singapore’s crude oil imports rose by 30K b/d m-o-m and 70K b/d y-o-y to 860K b/d in April, according to data released by Enterprise Singapore. Shipments from North America rose by 70K b/d m-o-m to...

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News Oil

IEA lifts global oil demand forecast for 2023

In its latest Monthly Oil Market Report (MOMR), the International Energy Agency (IEA) is forecasting global oil demand to increase by 2.21M b/d y-o-y to 102.01M b/d in 2023, an upward revision of 200K...

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News Electricity

Chinese Electricity Production

Chinese electricity production rose 6.1% year-on-year to 6,584 billion kWh in April, official data show. This included a 25.9% fall in hydropower generation to 684 bn kWh while thermal power generation climbed 11.5% to 4,494 billion kWh.

News Steel

Chinese Crude Steel Production

In April, Chinese crude steel production declined 1.5% year-on-year to 92.6 Mt, China’s National Bureau of Statistics data show. Nevertheless, in the January-April period, crude steel output climbed...

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News

USDA Grain Export Forecast

In the 2023/24 (Jul-Jun) market year, the US Department of Agriculture raised the EU wheat export forecast 3.5 Mt year-on-year to 38.5 Mt. Meanwhile, EU wheat import projections were cut by the same...

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News Oil

Australia’s diesel imports reach six-month high in March

Australia’s diesel imports increased by 50K b/d m-o-m and 140K b/d y-o-y to 570K b/d in March, rising for the second month in a row to the highest level since September, according to Australia's Petroleum...

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News Oil

ARA oil product stocks reach highest since April 2021

Oil product stocks at the Amsterdam-Rotterdam-Antwerp (ARA) storage hub increased by 247KT w-o-w to 6.51MT during the week ending 11 May, the highest level since April 2021, according to data from Refinitiv....

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News Oil

China allocates second round of 2023 oil product export quotas

China’s Ministry of Commerce has issued 9MT of refined oil product export quotas to domestic refiners in its second round of allocations for 2023, according to Reuters. While this is a decline from...

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