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Links to previous press releases are below.

News Oil

Libya’s NOC Sees Drop in Production from As-Sarah Oil Field

Libya’s NOC announced that production at the north eastern 90K b/d As-Sarah oilfield had dropped by 50K b/d amidst protests regarding a contract dispute with German operator Wintershall, Reuters reports....

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News Oil

Saudi Arabia Raises December Official Crude Prices for Asia, Lowers Supplies to the East

Japan’s crude imports from Saudi Arabia in September averaged 1.18M b/d, down 12.8% m-o-m and the first monthly fall since its peak refinery turnaround season in June, newswires report. This is an early...

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News Oil

US Crude Exports Surge to New Record Levels, Inventories Drop

US crude exports averaged 2.133M b/d during the week ending 27 October 2017, up 10.8% or 209K b/d w-o-w and a more than 420% or 1.7M b/d rise y-o-y according to data provided by the US Energy Information...

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News Oil

Russian Oil Output Edges up in October

Russian oil production rose slightly in October to 10.93M b/d, marginally higher from the former year-high of 10.91M b/d registered in September, Reuters reports. In tonnes, daily average production...

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News Iron Ore

Strike at Peruvian Iron Ore Producer Ends

After close to three weeks of disruption, a strike by workers at Shougang Hierro Perú, the country’s only iron ore producer, has come to an end after the company agreed to an increase in wages, the...

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News Oil

Oil Exports Resume from Kirkuk Province, Rise from South Iraq

Oil exports resumed from Iraq’s Kurdish region after halting for about 15 hours earlier on Monday, highlighting the uncertainty over pipeline shipments from OPEC’s second biggest producer, Reuters reports....

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News Oil

Russian Seaborne Crude Exports Drop in November

Monthly crude oil exports from Russian seaborne terminals will ease in November at 2.689M b/d, down 4.8% or 137,000 b/d m-o-m and 5.6% or 161,000 b/d y-o-y. After four consecutive months of increasing...

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News Oil

Ecuador – Russia Dispute over Production Cut Agreement

Ecuador will submit an official request to withdraw from OPEC for two years if the organisation does not approve its request to be exempt from production quotas on the group’s next meeting on 30 November,...

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Event Derivatives,Research & Consultancy

Korea Maritime Conference 2017

John Kearsey of SSY Consultancy & Research and Duncan Dunn of SSY Futures were both speakers at this annual conference organised by MEIC in Busan on 20 October. John provided an outlook for the...

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