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Links to previous press releases are below.

News Oil

Colonial Pipeline to Shut Down Vital Fuel Lines due to Hurricane Harvey

Colonial Pipeline, the biggest US fuel system, announced today the closure of a key line that supplies gasoline from the US Gulf to the East Coast, due to Hurricane Harvey related refinery closures...

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News Economy,Steel

Highest China Steel Sector PMI Since March 2016

China’s steel sector Purchasing Managers’ Index (PMI) climbed sharply to a 16-month high of 57.2 in August, up from 54.9 in July, according to the China Federation of Logistics and Purchasing, as surging...

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News Oil

US refinery throughputs hit record level last week

US crude refinery throughput hit a record 17.73M b/d in the week ending August 25, according to the US Energy Information Administration (EIA). This was a 264K b/d increase from the prior week. At 457.77M...

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News Oil

Port Arthur Refinery Closes, as Harvey Causes Extensive Flooding in Coastal Regions

Motiva Enterprises has temporarily shut down its 600K b/d Port Arthur refinery - the biggest in the U.S. - as a result of excessive floodwaters in the area east of Houston near the Louisiana border, newswires report.

News Minor Bulks

China’s Bauxite and Nickel Ore Imports by Source

Chinese imports of Guinean bauxite rose by 1.8 Mt year-on-year to 2.7 Mt in July, accounting for 44% of the country’s total imports, an all-time high, customs data show. There were also increases in...

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News Steel

HRB Prices Rise Further

The Chinese domestic price for hot rolled band (HRB) rose by $9/t in the two weeks to 30 August to a fresh four-and-a-half year high of $525/t, up by over $170/t year-on-year, according to the latest...

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News Oil

Libya’s Oil Production Slips As More Fields Shut

Libya has closed more oil fields amid mounting unrest, Reuters reports. The country’s largest oil field, Sharara, ceased its operations last week following an attack by an armed group which caused the...

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News Economy

Growth in Chinese Industrial Firms’ Profits Slows

At 612.7 billion yuan ($92.9 billion), annual growth in profits at Chinese industrial firms slowed to 16.5% in July, the lowest level since April, according to National Bureau of Statistics data reported...

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