Energy Data Response US Weekly Petroleum Status Report US crude stocks rose a touch last week. We expect bigger increases in the coming weeks given that refineries have announced plans to curb output in response to the virus-related slump in product... 25th March 2020 · 2 mins read
Metals Data Response Global Steel Production (Feb.) Global steel output was reasonably resilient in February. But that follows substantial downward revisions to the January figures. And while policy support – particularly in China – may boost steel... 23rd March 2020 · 2 mins read
Metals Data Response Global Aluminium Production (Feb.) Despite alarm bells ringing for global aluminium demand, output growth continued to gather pace in February. This will only have added to the piles of unwanted inventory and is another reason to... 20th March 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report The latest US stocks data went largely unnoticed today as prices continued to plunge on concerns about the spread of coronavirus. But, for what it is worth, we expect stocks to climb in the coming... 18th March 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks continued to edge higher this week as a rise in domestic crude output and lower refinery activity offset a fall in net imports. Product demand remains healthy for now, but if COVID-19... 4th March 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks rose last week. That said, exports could drop soon if coronavirus-related port disruption spreads across Asia, which would put upward pressure on stocks. 26th February 2020 · 2 mins read
Metals Data Response Global Steel Production (Jan.) China continued to prop up global steel production growth in January, though output growth in the US and Japan also improved. However, January’s data fail to fully reflect the impact of measures to... 25th February 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks rose a touch last week despite a slump in net imports. Looking ahead, we expect strong growth in US exports together with a recovery in economic activity to push down crude stocks this... 20th February 2020 · 2 mins read
Metals Data Response Global Aluminium Production (Jan.) After falling for the first time in a decade in 2019, global aluminium production started 2020 on a better footing. In contrast to other metals, we don’t think coronavirus containment measures will... 20th February 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks increased again last week owing almost entirely to a surge in net imports. However, despite this bearish report, oil prices are still up 3% today in part on the back of optimism that... 12th February 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks rose again last week in line with the seasonal norm. While small falls in US product stocks suggest demand is holding up, it would take a surge in US consumption to even go some of the... 5th February 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks rose last week owing in large part to lower refinery activity. Crude stocks may remain high for some time in light of high gasoline inventories, but we expect them to ease back later... 29th January 2020 · 2 mins read
Metals Data Response Global Steel Production (Dec.) China continued to diverge from the rest of the world in December, with steel output rising sharply. In contrast, other major producers continue to feel the pain of weak demand and oversupply. However... 27th January 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks declined last week despite a drop in exports and refining activity. We think that crude inventories will begin to fall more rapidly later this year as economic growth recovers and... 23rd January 2020 · 2 mins read
Metals Data Response Global Aluminium Production (Dec.) Global aluminium production for December rounded off a dismal 2019, but we think the prospects for output in 2020 are a bit brighter. The main positive contributions are likely to come from China, the... 20th January 2020 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks fell, mainly because of a drop in net imports. We expect crude inventories to decline further through the course of the year as US exports creep higher and the economy... 15th January 2020 · 2 mins read
