Metals Data Response Global Aluminium Production (Jul.) The continued increase in production in July helps to explain why the price of aluminium has been a relative underperformer so far this year. And with yet more additions to China’s smelting capacity... 20th August 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks declined for the fourth week in a row, although by less than the market expected. We expect that total crude stocks will continue to head towards their five-year average in the weeks... 19th August 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks declined for their third straight week, although by less than in previous weeks. As demand continues to revive and US production treads water, we expect stocks to fall in the weeks... 12th August 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks fell steeply again last week, in part because refinery activity is continuing to revive. We think that stocks will decline further in the coming weeks as product demand... 5th August 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report A drop in net imports, combined with rising refinery throughput led to a huge fall in crude stocks last week. Although unlikely to be of the same magnitude, we suspect that stocks will continue to... 29th July 2020 · 2 mins read
Metals Data Response Global Steel Production (Jun.) The contraction in global steel production eased for the second month in a row in June, offering further evidence that the worst of the downturn is now behind us. But global steel production will take... 23rd July 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report An increase in crude oil production and a reduction in refinery throughput led to an increase in crude stocks last week. However, we think that stocks will fall back in the coming weeks as product... 22nd July 2020 · 2 mins read
Metals Data Response Global Aluminium Production (Jun.) Global aluminium output growth slowed slightly in June. However, given the colossal hit to demand seen in the first half of the year, we still expect the market to be hugely oversupplied this year. 20th July 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Crude stocks in commercial storage fell last week, though this was primarily a result of the collapse in net imports. Gasoline demand actually slipped back as some states moved to re-impose lockdowns. 15th July 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report An unexpected surge in net imports pushed up US commercial crude stocks this week. But we think imports will fall back soon given the sharp drop in oil production outside the US in recent months. 8th July 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report A fall in imports and another increase in refinery throughput meant that US commercial crude stocks plunged last week. We expect crude stocks to drop over the coming months as imports decline. 1st July 2020 · 2 mins read
Metals Data Response China and India Gold Imports (May) Imports of gold into China and India in May were little changed from the previous month and continue to paint a grim picture for physical demand in the world’s top gold importing nations. We expect... 25th June 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks rose again last week as some production came back online after being hit by Tropical Storm Cristobal. Nevertheless, we expect that stocks are nearing their peak as refinery... 24th June 2020 · 2 mins read
Metals Data Response Global Steel Production (May) In a pattern that has become all too familiar, steel output grew in May in China but fell sharply elsewhere. We expect steel output both in and outside China to pick up in the months ahead, but not by... 22nd June 2020 · 2 mins read
Metals Data Response Global Aluminium Production (May) Global aluminium output growth picked up a little pace in May. With demand in China now increasing quicker than we had previously expected, it is likely that Chinese aluminium output will continue to... 22nd June 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Despite a hefty fall in US crude oil production, commercial crude stocks rose to another record high last week. Nevertheless, we expect crude stocks to start to fall over the coming weeks as refinery... 17th June 2020 · 2 mins read
