Links to previous press releases are below.
OPEC+ to ease production cuts from August
The OPEC+ group has officially agreed to reduce production cuts from 9.7M b/d to 7.7M b/d from August until December, following the meeting of the Joint Ministerial Monitoring Committee (JMCC) on Wednesday,...
Read MoreUS commercial crude oil stocks fall
US commercial crude oil inventories fell by 7.5M bbls w-o-w to 531.7M bbls during the week ending July 10, according to the US Energy Information Administration (EIA). This is still...
Read MoreIndonesian Coal and Bauxite Exports in May
Indonesian coal exports plummeted by 11.7 Mt year-on-year to 29.4 Mt in May, the lowest since June 2017, according to data from Bank Indonesia. Shipments over the first five months of the year tumbled...
Read MoreQueensland Coal Exports Decline
Coal exports from the Queensland ports of Gladstone, Dalrymple Bay Coal Terminal, Hay Point and Abbot Point fell by 2.6 Mt year-on-year to 18.4 Mt in June, port authority data show. However, shipments...
Read MoreChinese Iron Ore, Soyabean and Coal Imports in June
Chinese iron ore imports in June were the second strongest month on record, climbing sharply to 101.7 Mt, up from 87.0 Mt in May and 75.2 Mt in June 2019. This took China’s January-June iron ore imports...
Read MoreChina’s crude oil imports reach fresh record high in June
China’s crude oil imports increased by 1.65M b/d m-o-m to 12.99M b/d to a fresh record high in June, according to China customs data. This is 3.32M b/d (or 34%) higher than the same month last year,...
Read MoreUS shale oil production set to fall to 7.49M b/d in August
Oil production from the seven top US shale regions is expected to fall by 56K b/d m-o-m to 7.49M b/d in August, the lowest level since July 2018, according to Drilling Productivity Reports...
Read MoreLibya declares force majeure on oil exports as blockades are reimposed
Libya’s National Oil Corporation (NOC) has again declared force majeure on all oil exports following the Libyan National Army’s (LNA) announcement that it will reimpose an oil blockade just days...
Read More