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Links to previous press releases are below.

News Oil

China refinery throughput drops to 14-month low in July

Chinese refinery throughput fell 896K b/d m-o-m to 13.97M b/d in July according to data from the National Bureau of Statistics (NBS), the lowest since May 2020 when throughput averaged 13.69M b/d. Independent...

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News Dry Cargo Grain

USDA Downgrades Grain Export Forecasts

Wheat export forecasts for Russia and Canada for the 2021/22 market year (July-June) were downgraded by the US Department of Agriculture (USDA) owing to poorer production prospects, the agency said...

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News Dry Cargo Coal

Russian June Coal Exports

Total seaborne coking and steam (including lignite and anthracite) exports from Russia reached 20.1 Mt in June, up 1.8 Mt year-on-year, data from IHS show.

For steam coal, China was the largest...

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News Oil

OPEC remain positive on 2021 oil demand growth

Despite the rise of the COVID-19 Delta variant, OPEC still expect oil demand to grow 5.95M b/d y-o-y in 2021 to 96.57M b/d (up 6.6%), according to their latest monthly report. OPEC believe oil demand...

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News Oil

IEA revise down 2021 demand forecast due to COVID-19 resurgence

Following the rapid spread of the COVID-19 Delta variant across the globe, the International Energy Agency (IEA) has lowered its global oil demand forecast for 2021 by 0.3M b/d to 96.2M b/d compared...

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News Corporate,Derivatives

Simpson Spence Young announces new Head of Environmental Markets

Press Release

Simpson Spence Young (SSY) has today announced that James Ash has joined SSY Futures Ltd as Head of Environmental Markets, to build out and head their new carbon...

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News Dry Cargo Steel

US HRB Price Hits New Record High

Hot rolled band (HRB) steel prices in the US and Europe continued to rise in the two weeks to 11 August, with the US price breaking the $2,000/t mark for the first time.

At $2,005/t, the US...

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News Dry Cargo Iron Ore

Port Hedland, Dampier July Iron Ore Throughput

At 44.3 Mt, iron ore throughput at Port Hedland in July fell to the lowest level in five months, port data showed. However, volumes were up marginally on the year-ago level of 43.6 Mt. At 314.2 Mt,...

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