Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks rose this week, but product stocks fell. That said, the bigger picture remains one of subdued domestic demand, which we expect to remain the case for some time yet. 15th March 2023 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks fell for the first time in nine weeks last week, while implied product demand dropped. We think oil demand will remain soft as higher interest rates drag on economic growth. 8th March 2023 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks rose only slightly this week but this was despite a jump in US crude exports to a new record. With US domestic fuel demand unlikely to surge anytime soon, crude exports should... 1st March 2023 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report There was another strong rise in commercial crude stocks last week. With little prospect of any upturn in domestic demand anytime soon, commercial stocks should continue to rebound in the coming... 23rd February 2023 · 3 mins read
Metals Data Response Global Steel Production (Jan.) Global steel output remained depressed in January and is unlikely to pick up markedly in the coming months. However, a rebound in China’s demand and lower power costs in Europe should prompt some... 22nd February 2023 · 2 mins read
Metals Data Response Global Aluminium Production (Jan.) Global aluminium production fell slightly in January compared to December, although the bigger picture is one of fairly steady production since the middle of last year. We expect production to respond... 20th February 2023 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks rose to their highest since June 2021 last week due to lower refinery activity. With crude demand likely to remain sluggish over the coming months, and the US government set to... 15th February 2023 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks rose again this week, despite a rise in inputs to refineries. That said, refinery activity is unlikely to pick up markedly in the coming weeks given ongoing maintenance and... 8th February 2023 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks continued to climb last week as refinery activity remained in the doldrums and net imports rose. We believe that a recovery in refinery activity and higher demand for crude oil... 1st February 2023 · 3 mins read
Metals Data Response Global Steel Production (Dec. & 2022) Global steel output slumped in December and fell sharply in 2022 as a whole. With demand likely to be weak, at least in the first half of 2023, we do not expect a marked rebound any time soon. 31st January 2023 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Even though the recovery in refinery activity stalled last week, petroleum product stocks rose amid weakening demand, which we expect to persist for a bit longer as the US economy slows further. 25th January 2023 · 2 mins read
Metals Data Response Global Aluminium Production (Dec.) Global aluminium production growth slowed to 2% in 2022 from 2.7% in 2021. We forecast that weaker output growth in China and another difficult year in Europe will lead to even softer growth this year... 20th January 2023 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks unexpectedly increased this week. Weak refining activity and stable production helped stocks build. We expect that slower US economic activity over the next six months will... 19th January 2023 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks surged last week at the fastest pace since February 2021, as net imports rose and disruption to refineries lingered from the recent cold weather disruption. Going forward, a... 11th January 2023 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks rose last week due to refinery closures in the wake of the extremely cold weather. But this should be short-lived, with most refinery plants back online soon. 5th January 2023 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report Commercial crude stocks rose last week owing to a rebound in net imports, which was largely the result of the reopening of the Keystone pipeline. More interesting was the jump in implied product... 29th December 2022 · 3 mins read
