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Links to previous press releases are below.

News Oil

OPEC+ agree to boost oil output from August

The OPEC+ coalition has agreed to increase its collective crude oil production by up to 400K b/d each month through till the end of next year, putting an end to a two-week impasse after the group failed...

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News Dry Cargo Grain

US Weekly Grain Exports

Exports of corn, soyabeans and wheat from the US in the week ending 8 July totaled a combined 1.6 Mt, down from the previous week’s 1.9 Mt owing to a fall in corn volumes, data from the US Department...

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News Oil

Australia’s oil product demand reaches fourteen-month high

Australia’s total oil product demand increased by 22K b/d m-o-m and 171K b/d y-o-y to 987K b/d in May, rising for the fourth month in a row to the highest level since March 2020, according to data from...

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News Dry Cargo Steel

US HRB Prices Continue Rise

The US Hot Rolled Band (HRB) steel price continued to rise to new highs in the two weeks to 14 July, according to the latest SteelBenchmarker from World Steel Dynamics.

The price for...

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News Dry Cargo Coal

Vietnam Coal Imports

Vietnam imported 3.5 Mt of coal in June, the lowest volume since February and down from 6.3 Mt in the same month last year.

Australia and Indonesia both shipped close to 1.6 Mt of coal to Vietnam...

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News Dry Cargo Steel

China June Steel Production

Crude steel production in China reached 93.9 Mt in June, up 1.5% on the same month last year, official data from China’s National Bureau of Statistics showed.

This brings total production in the 1h21 to 563.3 Mt, up 11.8% year-on-year.

News Dry Cargo Coal

Indonesia May Coal Exports

Indonesian coal exports (including lignite) reached 37.2 Mt in May, up by 7.8 Mt year-on-year and a five-month high, data from Bank Indonesia show.

This brings total coal exports in January-May...

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News Oil

China’s refinery throughput jumps to fresh record high

China’s crude oil refinery inputs shot up by 560K b/d m-o-m and 720K b/d y-o-y to 14.86M b/d in June, rising for the third consecutive month to reach a fresh record high, according to data from the...

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