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Links to previous press releases are below.

News Oil

US crude oil stocks continue to tumble

US commercial crude oil inventories decreased by 6.6M bbls w-o-w to 469M bbls during the week ending February 5, falling for the third consecutive week to the lowest level since the week ending March...

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News Dry Cargo Grain

USDA Grain Trade Forecast

The US Department of Agriculture (USDA) has made a sharp upgrade to its Chinese corn import forecast for 2020/21 (Oct-Sep), up 6.5 Mt from January’s projection to 24.0 Mt. Chinese demand has been key...

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News Dry Cargo Steel

Indian Crude Steel Production Climbs

Preliminary data from the Joint Plant Committee (JPC) reveal that Indian crude steel output rose by 0.7 Mt year-on-year in January to 10.0 Mt, the highest level since March 2019, IHS reports. After...

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News Dry Cargo Iron Ore

Port Hedland Iron Ore Exports in January

Port Hedland iron ore exports rose by 1.7 Mt year-on-year to 42.2 Mt in January, data from the Pilbara Ports Authority reveal. Shipments to China and Japan rose by 1.6 Mt and 0.4 Mt, to 35.6 Mt and 1.6 Mt, respectively. Meanwhile, exports to South Korea fell by 0.4 Mt to 3.8 Mt.

News Dry Cargo Grain

US Soya Exports Reach Record High in the 4q20

Combined US exports of soyabean and meal reached 12.1 Mt in December, bringing shipments in the 4q20 to a record quarterly high of 36.9 Mt, data from the US Department of Agriculture show.  

Exports...

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News Oil

North Sea crude oil loadings set to fall to six-month low in March

Exports of the five North Sea crude oil grades which comprise the Dated Brent benchmark are expected to decline by 60K b/d (or 7.4%) m-o-m and 270K b/d (or 26%) y-o-y to 770K b/d in March, according...

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News Oil

Ice Brent crude breaches $60/ bbl for the first time in over a year

The front month contract price for Ice Brent crude oil increased to over $60/ bbl earlier today, the first time this value has been breached since January 24 2020, Argus reports. Oil prices have continued...

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News Dry Cargo Coal

US Coking Coal Exports Reach Nine-Month High

At 3.1 Mt, US coking coal exports (excluding Canada) rose to a nine-month high in December, although were still 0.5 Mt below the year-go level, US trade data show. Despite a stronger end to the year,...

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