Energy Data Response US Weekly Petroleum Status Report US crude oil stocks fell sharply at end-November for the most part owing to a jump in US exports, which could be sustained given that crude prices in the US are still markedly lower than elsewhere. 6th December 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report US crude oil stocks continued to climb in the latest data, adding to signs of oversupply in the market and putting additional pressure on OPEC to move to curb output at its meeting in early December... 28th November 2018 · 1 min read
Metals Data Response China and India Gold Imports (Oct.) Gold imports by China and India slumped on a y/y basis in October. However, we expect a rebound in imports to India in the coming months as gold prices in rupee terms have dropped back. 26th November 2018 · 1 min read
Metals Data Response Global Steel Production (Oct.) Growth in global steel output accelerated in October to 5.8% y/y, but we expect it to slip back in the coming months as Chinese steel prices have slumped and there are mounting signs of weaker demand. 23rd November 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Persistently high US oil production meant that crude stocks built again, despite a revival in refinery activity. What’s more, rising output of petroleum products means that we could start to see... 21st November 2018 · 1 min read
Metals Data Response Global Aluminium Production (Oct.) Rising Asian output explains most of the surge in global aluminium production in October and fewer cutbacks in China and restarts in North America should ensure strong y/y supply growth in the coming... 20th November 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report A combination of higher domestic production, low refinery runs and a fall in exports contributed to the eighth consecutive weekly build in US crude stocks. If nothing else, the latest data bolster the... 15th November 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report US crude stocks increased, boosted by an unexpectedly large jump in US oil output and a small rise in net-imports of crude. Meanwhile, gasoline stocks edged lower. The latest data are consistent with... 7th November 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Crude stocks rose for a sixth consecutive week boosted by higher US oil output and another release from the SPR. That said, product stocks fell sharply but we think this has more to do with subdued... 31st October 2018 · 1 min read
Metals Data Response China and India’s gold imports (Sep.) The latest trade data for China and India show gold imports tumbled in September and higher gold prices in October could mean that imports remain weak, despite the Indian wedding season. 25th October 2018 · 1 min read
Metals Data Response Global Steel Production (Sep.) Growth in global steel production accelerated in September to 4.4% y/y, with mills ramping up in China and the US buoyed by healthy margins in both countries. We expect winter production cuts in China... 24th October 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Although crude stocks rose again, a larger-than-expected draw on gasoline stocks stole the headlines. However, we think gasoline stocks will rise again when refineries come out of maintenance. 24th October 2018 · 1 min read
Metals Data Response Global Aluminium Production (Sep.) Global aluminium output in January-September was only slightly higher than a year ago as production gains in the US, India and the Gulf states have been offset by lower output in China and Europe. We... 22nd October 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Inventories of crude oil jumped again as exports fell back sharply. The latest data are likely to have been distorted by Hurricane Michael but crude stocks have been building for some weeks and should... 17th October 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Inventories of crude oil surged for the second consecutive week as refinery output dropped and there was an increase in production. We expect stocks to continue to build in the coming weeks, which... 11th October 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Inventories of crude oil surged last week, in large part as a result of higher net imports. We think we could see further stock builds in the coming weeks amid signs of softer demand and weak exports. 3rd October 2018 · 1 min read
