Links to previous press releases are below.
Hurricane Ida hits US oil industry
Around 2.3M b/d (or 13%) of US crude oil refining capacity has been forced offline after Hurricane Ida made landfall along the US Gulf Coast on Sunday, with widespread flooding and power outages continuing...
Read MoreSouth Africa July Coal Exports
South African seaborne coal exports reached 5.0 Mt in July, down from 6.2 Mt in the same month last year and 5.1 Mt in June, official customs data showed.
Total seaborne exports in the January-July period are down 5.1 Mt year-on-year at 36.2 Mt.
South Africa July Iron Ore Exports
South African seaborne iron ore exports reached 5.3 Mt in July, up from 5.1 Mt a year earlier but lower than the 5.5 Mt exported in June, official customs data showed.
Total seaborne iron ore exports in the January-July period reached 35.1 Mt, up from 34.0 Mt a year ago.
Libya’s Agoco to stop crude output amid budgetary constraints
The Libyan state-owned National Oil Corporation (NOC) subsidiary Arabian Gulf Oil Co (Agoco) has announced that it is unable to continue crude oil production following a lack of funding that has rendered...
Read MoreChinese Iron Ore Imports by Source
Chinese iron ore imports from Australia retreated from 70.6 Mt in July 2020 to 54.3 Mt in July this year, a breakdown of China’s customs data by source shows.
Imports from Brazil reached a four-month...
Read MoreUS crude stocks fall
US commercial crude oil inventories declined by 3M bbls w-o-w and 75.2M bbls y-o-y to 432.6M bbls during the week ending August 20, falling for the third consecutive week to the lowest level since January...
Read MoreChinese Daily Steel Output in mid-August
Daily crude steel output at China Iron and Steel Association (CISA) member mills during 11-20 August averaged 2.14 Mt, up from 2.04 Mt in the first ten days of the month, industry association data reveal.
Despite...
Read MoreGlobal Steel Output in July
Global crude steel production climbed 3.3% year-on-year to 161.7 Mt in July, according to the World Steel Association.
Annual growth was slower than in previous months, partly because of an...
Read More