Energy Data Response US Weekly Petroleum Status Report Inventories of crude oil slumped last week as net imports fell. In contrast, US crude production rose to another record. The recent surge in crude prices is likely to lead to even faster growth in... 9th May 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Inventories of crude oil jumped last week as net imports increased, demand from refineries fell and production continued to grow. Indeed, we still expect surging US crude production to lead to lower... 2nd May 2018 · 1 min read
Metals Data Response China and India Gold Imports (Mar.) The latest trade data for India and China showed that imports of gold in the two largest consumers weakened in March. Higher prices probably discouraged purchases. We had warned that this could happen... 26th April 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Inventories of crude oil jumped last week as demand from refineries fell and production continued to grow. Indeed, we still expect surging US crude production to lead to lower prices later in the year... 25th April 2018 · 1 min read
Metals Data Response Global Steel Production (Mar.) World Steel Association (WSA) data showed a 4.0% y/y increase in global steel production in March, driven by higher output in China, India and the US. We expect this trend to continue over the coming... 25th April 2018 · 1 min read
Metals Data Response Global Aluminium Production (Mar.) Global aluminium output continued to grow in March. We expect growth in output to pick up pace over the coming months as higher prices and the effects of the US sanctions on Russia prompt producers... 20th April 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Inventories of crude oil slipped last week as net imports slumped. But the big surprise was a jump in demand for gasoline, to a new record. However, we would caution that such large moves in the... 18th April 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Inventories of crude oil jumped last week as net imports rebounded and production rose again. The recent increase in prices is likely to encourage even more US production, which should weigh on prices... 11th April 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Inventories of crude oil slumped last week as exports rebounded and refineries processed more crude. However, production set another weekly record. We still expect prices to fall this year as surging... 4th April 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Inventories of crude oil rose last week as imports rebounded and production grew again. Admittedly, demand from refineries and consumers is strong. But we still expect soaring output to lead to higher... 28th March 2018 · 1 min read
Metals Data Response China and India Gold Imports (Feb.) The latest trade data for India and China showed divergent trends in the two largest consumers. On the one hand, China’s gold imports remained robust although underlying demand appears to have... 27th March 2018 · 1 min read
Metals Data Response Global Steel Production (Feb.) World Steel Association (WSA) data showed a 3.5% y/y increase in global steel production in February led by higher output in China, India and Brazil. US production also edged higher and we expect it... 26th March 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Inventories of crude oil fell last week as imports dropped and demand from refineries jumped. However, production is still rising rapidly. We expect soaring output to lead to higher stocks and lower... 21st March 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Another rise in US production drove crude stocks higher last week, despite lower net imports and a rebound in demand from refineries. Surging oil supply from the US is a key reason why we expect oil... 14th March 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report A rebound in net imports and jump in US production drove crude stocks higher last week. Surging oil supply from the US is a key reason why we expect oil prices to fall over the rest of this year. 7th March 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report A rebound in net imports drove crude stocks higher last week. Admittedly, imports are volatile so this could be reversed this week. But US oil production also resumed its upward trend and demand for... 28th February 2018 · 1 min read
