Indonesia’s gasoline imports reach five-year high in November.

Oil

Indonesia’s gasoline imports increased by 158K b/d m-o-m and 173K b/d y-o-y to 464K b/d in November, the highest level since December 2016, according to the government statistics agency Badan Pusat Statistik (BPS). Shipments from southeast Asia jumped by 99K b/d m-o-m to 389K b/d, while imports from India rose by 34K b/d m-o-m to a four-month high of 50K b/d. Arrivals of diesel increased by 58K b/d m-o-m to a seven-month high of 93K b/d. Crude oil imports also rose by 50K b/d m-o-m to 147K b/d, rising from the sixteen-month low recorded in October.