Links to previous press releases are below.
Taiwan’s crude imports jump to highest since 2019
Taiwan’s crude oil imports increased by 350K b/d m-o-m and 90K b/d y-o-y to 1.07M b/d in May, the highest level since January 2019, customs data showed. Shipments from the Middle East rose by 290K b/d...
Read MoreUS refinery runs reach one-year high
US refinery throughput increased by 480K b/d w-o-w and 260K b/d y-o-y to 16.65M b/d during the week ending 2 June, rising for the fifth consecutive week to the highest level since June 2022, according...
Read MoreIndonesia’s gasoline imports reach one-year high in April
Indonesia’s gasoline imports increased by 27K b/d m-o-m to 417K b/d in April, rising for the second consecutive month to a one-year high, according to the government statistics agency Badan Pusat Statistik...
Read MoreCISA Daily Crude Steel Production
Daily crude steel production at China Iron and Steel Association member mills fell to a three-month low of 2.09 Mt/day in the period 21-31 May, declining 6.7% from the prior ten days, according to the industry association. Furthermore, output fell 9.7% from the same period last year.
Saudi Arabia announce additional 1M b/d oil production cut for July
At the latest OPEC+ meeting on 4 June Saudi Arabia announced that it will implement a voluntary and unilateral 1M b/d oil production cut in July, according to Argus. This is in addition to its existing...
Read MoreJapan’s Coal Imports
Japan’s coal imports declined 0.2 Mt year-on-year to 13.2 Mt in April, recording a 22-month low, McCloskey data show. While imports from Russia fell 1.1 Mt to 0.3 Mt, shipments from Canada and the US climbed 0.6 Mt and 0.2 Mt to a respective 1.4 Mt and 0.8 Mt.
West Africa’s crude exports to Asia rise in April
West Africa’s crude oil exports to Asia increased by 280K b/d m-o-m and 40K b/d y-o-y to 1.60M b/d in April, according to data from Energy Intelligence. Eastbound shipments from Angola rose by 310K...
Read MoreARA oil product stocks fall to five-week low
Oil product stocks at the Amsterdam-Rotterdam-Antwerp (ARA) storage hub declined by 195KT w-o-w to 6.0MT during the week ending 1 June, a five-week low, according to data from Refinitiv. Fuel oil inventories...
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