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Links to previous press releases are below.

News Oil

Iraq and Kazakhstan outline plans to increase OPEC+ compliance

An OPEC+ ministerial panel met today to review ongoing oil supply cuts and to outline plans to increase compliance from Iraq and Kazakhstan, newswires report. Overall compliance from the group was 87%...

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News Dry Cargo Iron Ore

South Korean Iron Ore Receipts Fall

Iron ore imports into South Korea dropped to just over a three-year low of 4.7 Mt in May (-1.8 Mt year-on-year), according to customs data. Imports of Australian product tumbled to 3.4 Mt, down by 2.0...

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News Dry Cargo Coal

South Korean Coal Imports Drop in May

South Korean steam coal (including anthracite) imports fell for a fifth consecutive month in May, declining by 0.9 Mt year-on-year to 8.3 Mt, data gathered by IHS show.

Steam coal imports from...

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News Oil

US commercial crude oil stocks reach a fresh record high

US commercial crude oil inventories grew by 1.2M bbls w-o-w to a fresh record high of 539.3M bbls during the week ending June 12, around 15% higher than the five-year average for this time of year,...

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News Dry Cargo Coal,Iron Ore

Japanese Iron Ore and Coal Imports Fall in May

Japanese iron ore imports dropped by 39.7% year-on-year to 6.8 Mt in May, the lowest since April 2009, provisional finance ministry data show. Receipts tumbled after hitting a nine-month high of 10.3...

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News Dry Cargo Coal,Minor Bulks

Indonesian Coal, Bauxite Exports Diverge in April

Overall Indonesian coal shipments fell to 31.6 Mt in April (including lignite), down by 6.9 Mt year-on-year to the lowest since June 2017, according to Bank Indonesia. January-April exports declined...

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News Dry Cargo Steel

CISA Crude Steel Output Grows to New High

China Iron and Steel Association (CISA) member mills' crude steel output rose by 0.8% from the last eleven days of May to a record 2.11 Mt/day over 1-10 June, according to the industry association’s...

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News Oil

IEA revises 2020 oil demand projection higher for second month in a row

The International Energy Agency (IEA) has revised its 2020 oil demand forecast up by 500K b/d from its May report to 91.7M b/d, but y-o-y this is still down 8.1M b/d.  The upward revision was based...

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