Australia’s Product Imports Drop To 3-Month Low

Oil

Australia’s clean product imports (including jet fuel, gasoline and diesel) in April decreased by 183K b/d m-o-m and 37K b/d y-o-y to a 3-month low of 518K b/d, according to government data. During 2017 so far, Australia’s clean product imports have averaged 585K b/d, a rise of 87K b/d y-o-y and driven by higher imports across all three products.