Energy Data Response US Weekly Petroleum Status Report The pace of builds in US crude stocks continued to slow last week as refinery activity surged. However, we expect stocks to ease back in the coming weeks as refinery capacity utilisation steadily... 24th March 2021 · 2 mins read
Metals Data Response Global Steel Production (Feb.) Growth in global steel production declined in February y/y. And though base effects will distort growth rates for a while yet, we reckon that China’s steel output growth will start to slow before long... 23rd March 2021 · 2 mins read
Metals Data Response Global Aluminium Production (Feb.) Average daily global aluminium production inched up in February. And with ShFE and LME prices at multi-year highs, we expect production to continue growing in 2021. 22nd March 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Even with the continued recovery in refinery activity, US crude stocks rose last week. However, we suspect that stocks will fall soon as refinery activity rises further and crude production holds... 17th March 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks soared again last week as refinery throughput remained well below normal levels. Given that production has almost entirely recovered, stocks will probably rise further next... 10th March 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks skyrocketed last week as refinery activity plunged and net imports surged. We expect stocks to a rise a bit further in the coming weeks as refinery throughput remains... 3rd March 2021 · 2 mins read
Metals Data Response Global Steel Production (Jan.) Growth in global steel production slowed in January, as China’s output growth fell back. However, output ex-China picked up and we expect further gains in the coming months, not least because of the... 25th February 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Despite the plunge in crude oil production, US crude stocks rose last week as refinery throughput plummeted. We expect the former to recover more quickly, which will support stocks in the near term. 24th February 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks plunged last week owing primarily to a rebound in exports. Next week, inventories could rise as the deep freeze in the southern parts of the US has knocked out several... 18th February 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks fell last week, while implied product demand strengthened. We expect these trends to continue over the coming months, as COVID-19 containment measures are eased. 10th February 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks continued their counter-seasonal decline last week, even as net imports rebounded and refinery throughput eased back slightly. We expect inventories to decline further over the... 3rd February 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks sank last week, as net imports plummeted. Assuming that progress on COVID-19 vaccines continues, we expect a pick-up in demand will weigh on stocks from Q2 onwards. 27th January 2021 · 2 mins read
Metals Data Response Global Steel Production (Dec. and 2020) Growth in global steel production climbed in December, once again led by a rise in China’s output. We expect growth in China’s output to slow in 2021, while ex-China output should recover lost ground. 26th January 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Following five consecutive weeks of declines, commercial crude stocks in the US rose last week. Together with still-high rates of new COVID-19 infections, this points to a gloomy near-term outlook for... 22nd January 2021 · 2 mins read
Metals Data Response Global Aluminium Production (Dec.) Global aluminium production grew again in December. After a stellar 2020, we suspect that China will continue to lead the way in dragging global aluminium output growth even higher in 2021. 20th January 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Crude inventories continued their downward trend, helped by the ongoing increase in crude inputs to refineries. Implied product demand picked up, but product stocks also rose. 13th January 2021 · 2 mins read
