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Links to previous press releases are below.

News Oil

Russia’s Oil Production Remains at High Levels

Russia’s oil production stood at 11.21M b/d in August, unchanged from July and the highest since the country joined the OPEC/non-OPEC production curbs in October 2016, according to Energy Ministry data....

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News Oil

Japan’s Crude Imports

Japan’s crude oil imports rose 526K b/d m-o-m to 2.92M b/d in July, but were still down 428K b/d y-o-y and 117K b/d lower than the monthly average in 1H18, according to official data. Low imports in...

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News Steel

Turkish Steel Scrap Imports

Turkey imported 12.7 Mt of steel scrap in January-July, up by 12% on the same period last year, the Turkish Steel Producers Association reports. The majority of this (7.8 Mt) consisted of shipments...

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News Oil

Saudi Crude Oil Production Rises in August

Saudi Arabia’s crude oil production rose 136K b/d m-o-m to 10.42M b/d in August, Reuters reports citing an OPEC source. Production in July had dropped from near-record levels reached in the previous...

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News Oil

Iraq’s Crude Exports on Upward Trajectory

Iraq is prepared to increase its crude oil exports to offset a loss in Iranian supplies after US sanctions against Iran’s energy sector take effect in November, but will only do so when OPEC decides...

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News Oil

US Weekly Crude Exports Rebound From Near 8-month Low, Crude Inventories Drop More Than Expected

US crude oil exports during the week ending 24 August rose 624K b/d from a near 8-month low in the previous week to 1.78M b/d, according to the US Energy Information Administration. Exports averaged...

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News Oil

Mexico’s Crude Production Slides to 10-Month Low in July

Mexico’s crude oil production dropped 6K b/d m-o-m to 1.84M b/d in July, down 41K b/d from the monthly average in 1H18 and the lowest since September 2017, according to official data. On an annual basis,...

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News Oil

Record High West African Crude Loadings to Asia in August, Nigerian Export Prospects

Crude loadings to Asia from West Africa are set to rise 144K b/d m-o-m to a record high of 2.57M b/d in August, up 393K b/d from the January-July average, according to a Reuters survey. This is driven...

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