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Links to previous press releases are below.

News Oil

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,...

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News Oil

US 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...

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News Dry Cargo Coal,Minor Bulks

Indonesian 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...

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News Dry Cargo Coal

Queensland 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...

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News Dry Cargo Coal,Grain,Iron Ore

Chinese 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...

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News Oil

China’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,...

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News Oil

US 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...

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News Oil

Libya 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...

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