Energy Data Response US Weekly Petroleum Status Report Crude stocks plummeted at the beginning of 2021, explained by an increase in refinery activity and persistently robust exports. However, rising product stocks point to subdued consumption. 6th January 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Crude stocks sank a little last week as exports rose. Meanwhile (and more encouragingly), implied gasoline and distillate demand were up in the face of rising COVID-19 restrictions, which suggests... 23rd December 2020 · 2 mins read
Metals Data Response Global Steel Production (Nov.) Growth in global steel production fell in November, in part because cold weather in China weighed on construction activity there. Nevertheless, we expect global output to remain high in 2021 as... 22nd December 2020 · 2 mins read
Metals Data Response Global Aluminium Production (Nov.) Global aluminium production held up well in November and, given the recent surge in prices, will almost certainly increase in the coming months. 21st December 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks declined in the latest data as net imports plummeted. But refinery activity remains subdued and the latest virus-related restrictions could see lower product demand in the coming weeks... 16th December 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report The huge counter-seasonal build in US commercial crude stocks last week was driven by a surge in net imports. We expect that it will take some time before stocks fall back to more “normal” levels. 9th December 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Crude stocks dipped last week as net imports sank. Meanwhile, with COVID-19-related restrictions now present in a number of large states, we suspect that demand will remain low for a few months yet. 2nd December 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks fell slightly last week, while implied product demand also ticked down. And, with new US virus cases still at very high levels, we think that it probably won’t be until next... 25th November 2020 · 2 mins read
Metals Data Response Global Steel Production (Oct.) Despite the slight fall in China, global steel production continued to rise in October and will probably increase further in the year ahead providing that the rollout of COVID-19 vaccines is... 24th November 2020 · 2 mins read
Metals Data Response Global Aluminium Production (Oct.) Ongoing strength in China’s aluminium production meant that global aluminium output continued to grow in October. And despite the winter environmental restrictions in China, supply there is set to... 20th November 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Crude stocks rose last week as rebounding output offset increased refinery activity. Meanwhile, with new US virus cases continuing to rise, we suspect that the risks to demand are now firmly to the... 18th November 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report The rise in US commercial crude stocks last week is a stark reminder that, despite the recent optimism surrounding a potential COVID-19 vaccine, the recovery in oil prices still has a long way to go. 12th November 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report The plunge in US commercial stocks largely reflects a hurricane-related drop in output, rather than strong demand. And with virus cases rising, demand should remain subdued in the coming weeks. 4th November 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report The weekly surge in US commercial stocks largely reflects a return to more normal levels of crude production, after Hurricane Delta forced rigs to close. However, the product data point to stagnating... 28th October 2020 · 2 mins read
Metals Data Response Global Steel Production (Sep.) Growth in global steel production accelerated in September. However, all the growth was in China’s output. It looks increasingly likely that a revival in production elsewhere will have to wait until... 23rd October 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks declined as Hurricane Delta dealt a further blow to output. And though production should revive to pre-hurricane levels, gains will probably be smaller in the months... 21st October 2020 · 2 mins read
