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Links to previous press releases are below.

News Oil

Venezuela’s oil exports jump to ten-month high in February

Venezuela’s oil exports increased by 188K b/d (or 35%) m-o-m to 732K b/d in February, rising to the highest level since April 2020 as purchases from new customers continue to build despite US sanctions,...

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News Oil

Russia’s seaborne crude oil exports to rise in March

Russia’s seaborne exports of crude oil are set to increase by 115K b/d m-o-m to 1.66M b/d in March, according to preliminary port loading programs issued by national pipeline monopoly Transneft, Energy...

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News Dry Cargo Economy

China’s Purchasing Managers’ Index in February

At 50.6, China’s official manufacturing Purchasing Managers’ Index (PMI) in February fell by 0.7 points from the previous month, data from the National Bureau of Statistics show. Nonetheless, monthly...

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News Oil

OPEC+ Compliance Increases in January

Compliance amongst the OPEC+ group came to 103% in January, up from 99% in December, according to OPEC+ delegates, reports Argus. Members of OPEC 10 achieved 108% compliance with their agreed output...

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News Dry Cargo Steel

Japanese Crude Steel Exports

Japanese crude steel exports retreated by 0.4 Mt year-on-year in January to 2.5 Mt, data from the Japan Iron and Steel Federation show. While exports to China were flat on the year at 0.4 Mt, shipments to South Korea (-0.1 Mt to 0.3 Mt) and the Middle East (-0.1 Mt to 0.3 Mt) declined.

News Dry Cargo Grain

US Weekly Grain Exports

At 2.6 Mt, combined US exports of corn, soyabeans and wheat fell by a marginal 0.1 Mt from the previous seven days in the week to 18 February, data from the US Department of Agriculture show. The fall...

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News Oil

Thailand’s crude oil imports fall in January

Thailand’s crude oil imports declined by 210K b/d m-o-m and 170K b/d y-o-y to 790K b/d in January, after previously rising to an eight-month high in December, according to data from Thailand’s customs...

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News Oil

US crude oil stocks build amidst cold weather snap

US commercial crude oil inventories increased by 1.3M bbls w-o-w and 19.7M bbls y-o-y to 463M bbls during the week ending February 19, bringing an end to four consecutive weeks of inventory draw downs,...

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