Energy Data Response US Weekly Petroleum Status Report A fall in production in the Gulf of Mexico due to Hurricane Barry largely explains last week’s huge decline in US commercial crude stocks. However, although these output outages will only be temporary... 24th July 2019 · 2 mins read
Metals Data Response Global Aluminium Production (Jun.) Global aluminium output slumped in June, as a sharp fall in Chinese output outweighed increases elsewhere. But putting this month’s reading to one side, there are now clear signs that global aluminium... 22nd July 2019 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Last week’s draw in commercial crude stocks can largely be put down to a drop in production in the Gulf of Mexico linked to Hurricane Barry, rather than stronger demand for crude. While the picture is... 17th July 2019 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Although the main cause of last week’s sharp fall in commercial crude oil stocks is not clear, it does seem that the recent shutdown of the Philadelphia Energy Solution’s refinery has had little... 10th July 2019 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report A surge in net imports meant that commercial crude oil stocks fell by less-than-expected last week. We expect stocks to continue to drop in the weeks ahead in line with the seasonal uptick in gasoline... 3rd July 2019 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report We think last week’s unexpectedly large decline in US crude stocks can be explained more by the fall in OPEC production than by surging domestic demand. That said, we do not think that the latest drop... 26th June 2019 · 2 mins read
Metals Data Response Global Aluminium Production (May) Global aluminium production was unable to shake off its recent malaise in May. That said, lower input costs could offer some support to output this year. But regardless of any supply developments, our... 20th June 2019 · 1 min read
Energy Data Response US Weekly Petroleum Status Report After a recent run of large builds, last week’s drawdowns in US stocks of both commercial crude and gasoline point to an improvement in US oil demand. But with stocks still relatively high, we think... 19th June 2019 · 1 min read
Energy Data Response US Weekly Petroleum Status Report US crude stocks continued to rise this week, despite the increase in the refinery utilisation rate, a fall in net imports and lower production. This put further downward pressure on prices, which had... 12th June 2019 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Stocks of both crude and products jumped in the latest weekly data, despite slightly stronger refinery run rates. The apparent weakness of US demand and higher stocks will make it difficult for OPEC+... 5th June 2019 · 1 min read
Energy Data Response US Weekly Petroleum Status Report After a number of surprising builds in US commercial crude stocks, last week’s small drawdown perhaps signals that a summer fall in stocks may be looming. If we are right, and stocks continue to... 30th May 2019 · 1 min read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks rose again this week partly due to a release from the Strategic Petroleum Reserves (SPR), which caused prices to drop sharply today. Despite this, we still think that crude... 22nd May 2019 · 1 min read
Metals Data Response Global Aluminium Production (Apr.) April’s aluminium production data and the recent closure of Chinese alumina refineries suggest that the rebound in global primary supply growth that we had expected may be postponed. Despite this, we... 20th May 2019 · 1 min read
Energy Data Response US Weekly Petroleum Status Report US crude stocks returned to their recent run of unseasonal builds last week. This was despite the refinery utilisation rate, net imports and production all implying a drawdown. That said, there is... 15th May 2019 · 1 min read
Energy Data Response US Weekly Petroleum Status Report After US crude stocks reached their highest since September 2017, the beginning of May saw a partial reversal in recent builds. The latest stock draw was fuelled by a fall in net imports and an... 8th May 2019 · 1 min read
Energy Data Response US Weekly Petroleum Status Report A drop in refining activity and a further increase in net imports saw a third consecutive weekly build in crude stocks, which are now at the highest since September 2017. An unexpected drawdown in the... 1st May 2019 · 1 min read
