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Links to previous press releases are below.

News Oil

US crude oil stocks fall

US commercial crude oil inventories declined by 900K bbls w-o-w to 501.8M bbls during the week ending March 26, falling after previously building for the past five consecutive weeks, according to the...

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News Dry Cargo Economy

China’s Manufacturing Purchasing Manager’s Index

China’s official manufacturing Purchasing Manager’s Index (PMI) rose to 51.9 in March, up from 50.6 in February and the quickest pace of expansion in the last three months, data from the National Bureau...

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News Oil

Mexico’s crude oil output rises to ten-month high in February

Mexico’s crude oil output increased by 18K b/d m-o-m to 1.67M b/d in February, rising for the fourth consecutive month to the highest level since April 2020, according to data from Pemex. Crude oil...

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News Dry Cargo Steel

Chinese Hot Rolled Band Price Jumps

At $681/t, the price of Chinese hot rolled band (HRB) jumped by $22/t in the week to 30 March, data from World Steel Dynamics reveal. The price now stands a massive $265/t above the corresponding point...

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News Oil

Russia’s seaborne crude oil exports to increase in April

Russia’s seaborne exports of crude oil are expected to rise by 31K b/d m-o-m to 1.69M b/d in April, according to preliminary port loading programs issued by national pipeline monopoly Transneft, Energy...

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News Oil

ADNOC to cut crude oil supplies to Asia in June

Abu Dhabu National Oil Company (ADNOC) has announced that it plans to deepen its crude oil supply cuts to Asian customers by 15% in June, up from 5% in May, Reuters report. This comes as part of the...

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News Dry Cargo Freight

Suez Canal Update

With the waterway remaining impassable, as of 0800 GMT on 26 March, vessel tracking data monitored by SSY counted 14 Handysizes, 23 Handymax/Supramax/Ultramaxes, 16 Panamax/Kamsarmaxes and 10 Capesizes...

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News Dry Cargo Coal

Chinese Coal Imports by Source

Indonesia was the single largest supplier of Chinese steam coal imports (including anthracite and lignite) in January-February at 28.3 Mt, down 5.6 Mt year-on-year, according to IHS, although volumes...

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