Indonesia’s gasoline imports fall to sixteen-month low

Oil

Indonesia’s gasoline imports declined by 49K b/d m-o-m and 64K b/d y-o-y to 245K b/d in September, the lowest level since May 2020, according to the government statistics agency Badan Pusat Statistik (BPS). Arrivals from Southeast Asia fell by 43K b/d m-o-m to 206K b/d, which is also the lowest since last May, whereas shipments from India rose by 20K b/d m-o-m to 38K b/d. Crude oil imports decreased by 25K b/d m-o-m to 219K b/d, with exports also falling by 6K b/d m-o-m to 46K b/d, the lowest since last May.