Energy Data Response US Weekly Petroleum Status Report Crude oil stocks fell again last week and implied gasoline demand rose, in broadly positive news for oil prices. For now, US consumers appear to be shrugging off the spread of the Delta variant of... 25th August 2021 · 2 mins read
Metals Data Response Global Steel Production (Jul.) A slump in China’s steel production in July led to a dramatic slowdown in growth in global steel output. While China’s production may stabilise or rebound a little in the coming months, it appears... 24th August 2021 · 2 mins read
Metals Data Response Global Aluminium Production (Jul.) Aluminium prices have recently been supported by reports that government-imposed power rationing has weighed on production in China, but there is little evidence of this in the latest data for July... 20th August 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report While crude stocks fell again last week, gasoline inventories rose a little and there was a further pullback in implied gasoline demand. Given the ongoing rise in virus infections and some re... 18th August 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report Last week’s fall in crude oil and gasoline stocks suggests that growth in demand in the US is continuing to outpace growth in supply. However, following a strong recovery from its pandemic-induced... 11th August 2021 · 2 mins read
Energy US Weekly Petroleum Status Report US commercial crude stocks unexpectedly increased last week as net imports rose, but we suspect that inventories will fall back soon as demand for oil products, such as gasoline, continues to rise. 4th August 2021 · 2 mins read
Energy US Weekly Petroleum Status Report US commercial crude stocks resumed their downward trend last week. With domestic output still well below pre-virus levels and product demand likely to rise, we think crude stocks will fall further... 28th July 2021 · 2 mins read
Metals Data Response Global Steel Production (Jun.) Growth in global steel production remained in double digits in June, but this largely reflects the low base for comparison from last year. Meanwhile, government-imposed environmental controls in China... 23rd July 2021 · 2 mins read
Energy US Weekly Petroleum Status Report US commercial crude stocks unexpectedly rose this week as net imports surged. Nevertheless, providing that the Delta virus variant doesn’t lead to the re-imposition of virus-related restrictions, we... 21st July 2021 · 2 mins read
Metals Data Response Global Aluminium Production (Jun.) Global aluminium output growth softened in June, largely due to power cuts in China’s key aluminium-producing province of Yunnan. But these curbs have started to be relaxed in recent weeks, which... 20th July 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks fell for the eighth week in a row, and domestic production is now showing signs of life. This may add to the pressure on OPEC+ to relax output cuts more quickly and avoid a... 14th July 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks continued to plummet, and gasoline demand shot up ahead of the Independence Day holiday. We expect US product demand to remain strong in the coming weeks as travel activity picks up in... 8th July 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US crude stocks fell for the sixth consecutive week amid the ongoing rebound in product demand as the virus-related restrictions continue to be lifted. That said, if OPEC+ decide to gradually raise... 30th June 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks declined again last week. However, with both implied demand for most products and refinery activity close to pre-pandemic levels, we think the pace of draws will stabilise. 23rd June 2021 · 2 mins read
Metals Data Response Global Steel Production (May) Growth in global steel production is still running high in year-on-year terms owing to the low base a year earlier. However, daily production in May was somewhat lower than April, as output in China... 22nd June 2021 · 2 mins read
Metals Data Response Global Aluminium Production (May) Average daily global aluminium production edged up in May as smelters continued to take advantage of high prevailing prices. We think that production will rise further in the near future. 21st June 2021 · 2 mins read
