Links to previous press releases are below.
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...
Read MoreJapanese 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.
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...
Read MoreThailand’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...
Read MoreUS 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,...
Read MoreDaily 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...
Read MoreIraq’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...
Read MoreBrazilian 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.