Links to previous press releases are below.
US shale oil production to reach nineteen-month high
Oil production from the seven major US shale regions is set to rise by 76K b/d m-o-m and 334K b/d y-o-y to 8.22M b/d in November, rising for the fourth month in a row to the highest level since April...
Read MoreUkrainian Grain Exports Increase
Ukraine had exported 16.5 Mt of grain since the start of the current 2021/22 market year (July-June) as of 18 October, up from 14.8 Mt at the same point a year-ago, according to government data reported...
Read MoreBrazilian Steel Output Jumps in September
Brazilian crude steel production rose by 15.3% year-on-year to reach 3.1 Mt in September, the highest monthly level in 13 years, data from the Brazilian steel institute reveal. At 27.2 Mt, output over January-September was 20.2% above the corresponding period in 2020.
Chinese refinery throughput falls to 16-month low
Chinese refinery throughput declined by 100K b/d m-o-m and 310K b/d y-o-y to 13.7M b/d in September, falling for the third consecutive month to the lowest level since May 2020, according to data from...
Read MoreChinese Crude Steel Output Tumbles in September
Chinese crude steel output tumbled 21.2% year-on-year in September to reach 73.8 Mt, the lowest daily average since December 2018, data from the National Bureau of Statistics reveal. At 805.9 Mt, production over January-September was still up 2.0% on the corresponding period in 2020.
China releases fourth crude import quota
China has released a fourth crude import quota of 14.89 Mt to 16 companies, Reuters reported, citing an announcement from the Ministry of Commerce. The majority of the 16 companies are independent refiners....
Read MoreIEA increases global oil demand forecast for 2021 and 2022
The International Energy Agency (IEA), in their latest monthly report, increased oil demand growth for 2021 by 170 K b/d to 5.5 M b/d y-o-y and by 210 K b/d to 3.3 M b/d in 2022. As such, global oil...
Read MoreChinese September Trade Data
Total Chinese coal imports jumped 14.2 Mt year-on-year to reach a year-to-date high of 32.9 Mt in September, according to preliminary customs data. At 91.1 Mt, inbound shipments in the 3q21 were 25.7...
Read More