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Links to previous press releases are below.

News Oil

OPEC+ Compliance Increases in January

Compliance amongst the OPEC+ group came to 103% in January, up from 99% in December, according to OPEC+ delegates, reports Argus. Members of OPEC 10 achieved 108% compliance with their agreed output...

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News Dry Cargo Steel

Japanese Crude Steel Exports

Japanese crude steel exports retreated by 0.4 Mt year-on-year in January to 2.5 Mt, data from the Japan Iron and Steel Federation show. While exports to China were flat on the year at 0.4 Mt, shipments to South Korea (-0.1 Mt to 0.3 Mt) and the Middle East (-0.1 Mt to 0.3 Mt) declined.

News Dry Cargo Grain

US Weekly Grain Exports

At 2.6 Mt, combined US exports of corn, soyabeans and wheat fell by a marginal 0.1 Mt from the previous seven days in the week to 18 February, data from the US Department of Agriculture show. The fall...

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News Oil

Thailand’s crude oil imports fall in January

Thailand’s crude oil imports declined by 210K b/d m-o-m and 170K b/d y-o-y to 790K b/d in January, after previously rising to an eight-month high in December, according to data from Thailand’s customs...

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News Oil

US crude oil stocks build amidst cold weather snap

US commercial crude oil inventories increased by 1.3M bbls w-o-w and 19.7M bbls y-o-y to 463M bbls during the week ending February 19, bringing an end to four consecutive weeks of inventory draw downs,...

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News Dry Cargo Steel

Daily CISA Crude Steel Production Reaches Record High

Crude steel output among China Iron and Steel Association (CISA) member mills averaged 2.28 Mt/day over 11-20 February, the highest level on record, industry data reported by Mysteel show. Production...

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News Oil

Iraq’s crude oil exports rise to three-month high

Iraq’s crude oil exports increased by 43K b/d m-o-m to 3.28M b/d in January, rising for the third consecutive month to the highest level since October 2020, according to Energy Intelligence reporting...

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News Dry Cargo Steel

Brazilian Crude Steel Production in January

Brazilian crude steel output rose by 10.8% year-on-year to a two-year high of 3.0 Mt in January, data from the Brazilian steel institute show.