Energy Data Response US Weekly Petroleum Status Report US crude stocks fell sharply again last week. However, surging US production could potentially push the global oil market back into a surplus next year. What’s more, stocks of petroleum products are... 13th December 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report A large drop in crude stocks was eclipsed by an even bigger jump in gasoline inventories. Weak demand for fuel products and a rebound in imports would weigh on oil prices over the next few months. 6th December 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report A large fall in crude stocks will have cheered OPEC before its meeting tomorrow. However, the reduction in inventories was largely due to temporary disruption to imports. What’s more, rising oil... 29th November 2017 · 1 min read
Metals Data Response China and India gold imports (Oct.) The latest trade data for India and China show that gold imports remained weak in October. We had always thought that demand in India would soften in the second half of the year as a result of the new... 27th November 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Higher exports and the continued recovery in demand from refineries helped to drawdown stocks of crude oil last week. While we think that stocks will continue to fall, for the next few weeks at least... 22nd November 2017 · 1 min read
Metals Data Response Global Steel Production (Oct.) World Steel Association (WSA) data showed a 5.9% y/y increase in global steel production in October and a 5.3% rise in January-October, driven by growth in most of the largest steel-producing... 22nd November 2017 · 1 min read
Metals Data Response Global Aluminium Production (Oct.) The latest output data for October, released today, point to a tighter aluminium market. Whilst the planned closures in China could provide some support to prices over the coming months, growth in... 20th November 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Rising production and imports caused a build in crude inventories last week, but a fall in consumption of oil products will add to concerns about a slowdown in demand, which could weigh on prices. 15th November 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report A sharp rise in US demand for products is in line with other indicators showing a pick-up in consumption recently. But record levels of oil production will delay the wider oil market rebalancing. 8th November 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report The large drop in stocks of crude and gasoline last week would appear, at first glance, to be a further sign that the oil market is tightening. But much of the reduction in crude stocks was due to... 1st November 2017 · 1 min read
Metals Data Response China and India gold imports (Sep.) The latest trade data for India and China show that imports remained subdued in September. We had always believed that demand in India would weaken in Q3 as a result of the new tax system but the... 26th October 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report A rebound in production and a slight rise in net imports led to an increase in crude stocks last week. On the other hand, stocks of gasoline and distillates fell as demand picked up and net imports... 25th October 2017 · 1 min read
Metals Data Response Global Steel Production (Sep.) World Steel Association (WSA) data showed a 5.3% y/y increase in global steel production in January-September, with output rising in all the major producers except Japan. That said, global output was... 23rd October 2017 · 1 min read
Metals Data Response Global Aluminium Production (Sep.) The latest aluminium output data for September, released today, point to a tighter market. However, ShFE stocks have continued to rise indicating that the market is amply supplied for now. We expect... 20th October 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report A drop in net imports and lower production contributed to a fall in crude inventories last week. At the same time, gasoline and distillate stocks moved higher as demand for petroleum products slumped. 18th October 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Last week’s reduction in US crude stocks was mainly owing to lower production and a recovery in refinery inputs. Stocks are likely to continue to fall over the next few weeks as demand gains momentum. 12th October 2017 · 1 min read
