China’s clean product exports to Southeast Asia fall to lowest since 2015

Oil

China’s clean oil product exports to Southeast Asia tumbled by 274K b/d m-o-m to 198K b/d in August, falling to the lowest level since May 2015 as total shipments declined by 184K b/d m-o-m to a thirteen-month low of 516K b/d, according to China customs data. Loadings to the Americas also fell by 38K b/d m-o-m to 21K b/d, whereas exports to Northeast Asia and Europe increased by 56K b/d m-o-m to 155K b/d and by 56K b/d m-o-m to 68K b/d respectively.