Indonesia gasoline imports fall to three-month low

Oil

Indonesia’s gasoline imports declined by 51K b/d m-o-m to 276K b/d in July, falling for the second month in a row to the lowest level since April, according to the government statistics agency Badan Pusat Statistik (BPS). Arrivals from Southeast Asia decreased by 72K b/d m-o-m to 213K b/d, the lowest since July 2020, while imports from India rose by 20K b/d m-o-m to 36K b/d.