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Links to previous press releases are below.

News Oil

Japan’s crude imports fall to five-month low

Japan’s crude oil imports declined by 140K b/d m-o-m and 230K b/d y-o-y to 2.58M b/d in November, falling for the third consecutive month to the lowest level since June, according to data from the Ministry...

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News Oil

Russian Baltic oil exports could fall by a fifth in December

Russian exports of Urals could fall by up to 20% due to the G7 price cap and EU embargo on Russian oil, Reuters reported. Reuters noted Urals exports from Baltic Sea ports totalled 6M tonnes in November...

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News Oil

Petrobras Starts Up New FPSO

Petrobras has started operations at its 150K b/d P-71 floating production, storage and offloading unit (FPSO) at the Itapu pre-salt oil field in the offshore Santos basin, Brazil, reports Argus. Petrobras...

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News Minor Bulks

Indonesian Bauxite Export Ban to Begin June 2023

On 21 December, Indonesia’s President confirmed a ban on the export of bauxite is set to begin in June 2023. The intention of the ban is to boost domestic processing of bauxite and follows a similar...

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News Oil

China’s clean oil product exports to Europe fall m-o-m but remain elevated

China’s clean oil product exports to Europe fell by 58K b/d m-o-m to 133K b/d in November, according to China customs data. Despite the monthly decline, overall export volumes were up 99K b/d y-o-y....

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News Oil

South Korean naphtha imports reach 4-month high

South Korea’s naphtha imports rose by 61K b/d m-o-m and 5K b/d y-o-y to 686K b/d in November, the highest level since July, according to data from the Korea International Trade Association (KITA). Imports...

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News Coal

Indonesian Coal and Bauxite Exports

Indonesia’s coal exports reached the second highest monthly total on record at 44.5 Mt in October, 1.2 Mt below the previous month’s high, Bank Indonesia data show. Shipments in January-October were...

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News Minor Bulks

US Cement Imports Rise

At 7.9 Mt in 3q22, US cement imports reached the highest level for a quarter since 2006 and 1.8 Mt above the same period last year, official data show. August was the largest monthly total since September 2006 at 2.9 Mt.