Links to previous press releases are below.
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%...
Read MoreSouth 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...
Read MoreSouth 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...
Read MoreUS 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,...
Read MoreJapanese 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...
Read MoreIndonesian 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...
Read MoreCISA 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...
Read MoreIEA 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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