Links to previous press releases are below.
Libyan crude oil output rises to 800K b/d
Libya’s crude oil production has now increased to around 800K b/d, as operations continue to ramp up following the lifting of force majeure on the El Feel oilfield on October 26, Reuters report. The...Read More
BP to close Australia’s largest refinery
BP has announced that it plans to close its 146K b/d Kwinana oil refinery located in Western Australia within the next six months, as existing issues caused by increasing competition from other refineries...Read More
South African Iron Ore and Coal Exports in September
South African iron ore exports grew to 6.3 Mt in September (including overland shipments), the second highest level of 2020, preliminary customs data show. However, shipments in the first nine months...Read More
Weekly US Soyabean Exports Grow
US soyabean exports edged up 0.2 Mt week-on-week to a four-year high of 2.7 Mt in the seven days to 22 October, data from the US Department of Agriculture (USDA) show. Accumulated shipments in the 2020/21...Read More
Mexico’s crude oil exports decline in September
Mexican crude oil exports decreased by 170K b/d m-o-m to 1.02M b/d in September, falling to the lowest level since October 2019, according to data from Pemex. This an increase of 30K b/d y-o-y. Loadings...Read More
HRB Prices Climb in late October
The Chinese hot-rolled band (HRB) price rose $7/t in the two weeks to 26 October to a 17-month high of $493/t, according to the latest SteelBenchmarker from World Steel Dynamics.
US crude oil stocks increase on higher output
US commercial crude oil inventories grew by 4.3M bbls w-o-w and 53.6M bbls y-o-y to 492.4M bbls during the week ending October 23, according to the US Energy Information Administration (EIA). Stocks...Read More
Chinese Iron Ore Imports by Origin
Chinese imports of Australian iron ore gained 2.6 Mt year-on-year to 61.9 Mt in September, customs data show.
Meanwhile, receipts of Brazilian supplies eased 0.7 Mt to just under 23 Mt, although...Read More