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Links to previous press releases are below.

News Oil

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...

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News Dry Cargo Coal

South 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.

News Dry Cargo Iron Ore

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.

News Oil

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...

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News Dry Cargo Iron Ore

Chinese 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...

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News Oil

US 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...

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News Dry Cargo Steel

Chinese 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...

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News Dry Cargo Steel

Global 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...

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