Links to previous press releases are below.
Chinese Iron Ore Stockpiles Edge Higher
Iron ore inventories at 42 Chinese ports surveyed by U-Metal gained for a second consecutive week, rising 0.5 Mt in the seven days to 4 September to 113.4 Mt. Stockpiles remained below year-ago levels, with 119.7 Mt held in early September 2019.
China’s crude oil imports continue to ease in August
China’s crude oil imports decreased by 900K b/d (or 7%) m-o-m to 11.23M b/d in August, falling for the second month in a row since hitting a record high in June, according to China customs data. This...
Read MoreUS and Canadian Coal Exports in July
US coking coal exports (excluding those to Canada) inched up 0.1 Mt year-on-year to a four-month high of just under 3.0 Mt in July, according to data from the National Mining Association. Meanwhile,...
Read MoreCISA Crude Steel Output Holds Steady
China Iron and Steel Association (CISA) member mills’ crude steel production held steady at 2.16 Mt/day over 21-31 August compared with the previous ten-day period, industry data show.
Duqm oil refinery to start operations by late 2021/early 2022
According to Oman’s oil minister Mohammed bin Hamed al-Rumhy, the commissioning of the 230K b/d Duqm crude oil refinery is now expected to take place earlier than previously anticipated, Argus reports....
Read MoreBrazil’s crude oil exports fall in August
Brazil’s crude oil exports declined by 640K b/d (or 33%) m-o-m to 1.29M b/d in August, falling to the lowest level since January, according to preliminary data from Brazil’s trade ministry. This is...
Read MoreAustralian Iron Ore and Coal Exports Diverge in July
Australian iron ore exports rose 3.3 Mt year-on-year to 76.1 Mt (wet basis) in July, according to data from the Australian Bureau of Statistics (ABS). Shipments eased from a record 85.2 Mt in June,...
Read MoreUS crude oil imports tumble as Hurricane Laura hits
US crude oil imports plummeted by 1M b/d w-o-w and 2M b/d y-o-y to 4.9M b/d during the week ending August 28, falling to the lowest level since 1991, according to the US Energy Information Administration...
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