Japan

  • Japan oil data – May 2019

    Japan oil data – May 2019 cover image Published 28 Jun 2019 by
    Users licensed for the data service can access our Japanese oil data. Japanese oil demand declined by 0.2 mb/d y/y to 2.88 mb/d in May, as US–China trade tensions dampened sentiment across the region, weakening economic activity and exports. Fuel oil led the way, wi..

    Read more

  • Japan oil data – Apr 2019

    Japan oil data – Apr 2019 cover image Published 31 May 2019 by
    Users licensed for the data service can access our Japanese oil data. Japanese oil demand returned to growth after five months of declines, up y/y by 6 thousand b/d to 3.23 mb/d in April, as slightly colder temperatures than last year and a pickup in economic activity sup..

    Read more

  • Japan oil data – Mar 2019

    Japan oil data – Mar 2019 cover image Published 26 Apr 2019 by
    Users licensed for the data service can access our Japanese oil data. Japanese oil demand declined y/y for the fifth straight month in March, falling by 0.16 mb/d to 3.45 mb/d amid weaker regional demand. Fuel oil led the weakness, with demand falling by 64 thousand b/d y..

    Read more

  • Japan oil data – Feb 2019

    Japan oil data – Feb 2019 cover image Published 29 Mar 2019 by
    Users licensed for the data service can access our Japanese oil data. Japanese oil demand declined y/y for the fourth consecutive month in February, falling by 0.26 mb/d to 3.87 mb/d amid a warm winter and a slowdown in regional demand driven by China. Kerosene led the weaknes..

    Read more

  • Japan oil data – Jan 2019

    Japan oil data – Jan 2019 cover image Published 28 Feb 2019 by
    Users licensed for the data service can access our Japan oil data.Japanese oil demand was lower y/y for the third consecutive month in January, falling by 0.18 mb/d to 3.66 mb/d amid warm weather and a slowing economy. Other than a brief cold snap that brought heavy snow to To..

    Read more

  • Japan oil data – Dec 2018

    Japan oil data – Dec 2018 cover image Published 31 Jan 2019 by
    Japanese oil demand fell y/y for a second straight month, by 0.28 mb/d to 3.82 mb/d. Kerosene led the weakness in demand, falling by 76 thousand b/d y/y to 0.51 mb/d, amid lacklustre heating demand due to mild winter temperatures. We expect heating demand to stay subdued throughout the winter, as..

    Read more

  • Japan oil data – Nov 2018

    Japan oil data – Nov 2018 cover image Published 2 Jan 2019 by
    Japanese oil product demand resumed its downtrend in November, falling by 0.23 mb/d y/y to 3.43 mb/d, following a rare uptick in October. The weakness in demand was led by kerosene (-93 thousand b/d y/y) amid an exceptionally warm start to the winter, as November’s HDDs totalled 191 (-20% y/y). M..

    Read more

  • Japan oil data – Oct 2018

    Japan oil data – Oct 2018 cover image Published 30 Nov 2018 by
    Japanese oil demand grew y/y for the first time in eight months in October, by 45 thousand b/d to 3.26 mb/d. Fuel oil demand rose y/y by 26 thousand b/d, to 0.17 mb/d, up from a low base. Jet demand rose y/y by 14 thousand b/d, to 93 thousand b/d, also boosted by a low base as Typhoon Lan weighed..

    Read more

  • Japan oil data – Sep 2018

    Japan oil data – Sep 2018 cover image Published 31 Oct 2018 by
    Japanese oil demand fell once more in September, by 0.12 mb/d y/y to 3.12 mb/d. Naphtha demand was down by 41 thousand b/d y/y at 0.73 mb/d and LPG demand was 25 thousand b/d lower y/y at 0.31 mb/d, weighed down by heavy cracker maintenance in September (offline ethylene capacity was 66 Kt higher..

    Read more

  • Japan oil data – Aug 2018

    Japan oil data – Aug 2018 cover image Published 28 Sep 2018 by
    Japanese oil demand fell by 65 thousand b/d y/y to 3.22 mb/d in August. Lower petrochemical demand for naphtha (-55 thousand b/d y/y) due to heavy cracker maintenance, which will last through September and ease from October onwards, offset higher utility demand for kerosene (+2 thousand b/d y/y),..

    Read more

  • Japan oil data – Jul 2018

    Japan oil data – Jul 2018 cover image Published 31 Aug 2018 by
    Japanese oil demand fell by 58 thousand b/d y/y to 3.17 mb/d in July, a relatively small drop by recent standards. In H1 18, demand was lower y/y by 0.12 mb/d. Warm weather in July (CDDs hit a 10-year high) boosted cooling demand for utility fuels—direct crude burn posted a rare annual gain..

    Read more

  • Japan oil data – Jun 2018

    Japan oil data – Jun 2018 cover image Published 31 Jul 2018 by
    Japanese oil demand tumbled in June by 0.26 mb/d y/y to 2.85 mb/d, the lowest since at least 1995. Naphtha suffered its biggest y/y decline in years, falling by 0.18 mb/d to reach 0.56 mb/d, which was the lowest since November 2008. Naphtha’s decline was due to the highest monthly offline e..

    Read more

  • Japan oil data – May 2018

    Japan oil data – May 2018 cover image Published 29 Jun 2018 by
    Japanese oil demand fell again in May, by 50 thousand b/d y/y to 3.09 mb/d, the lowest on our records dating back to 1995. Demand for all products was down, except jet, consumption of which grew by an impressive 40 thousand b/d y/y to 1.28 mb/d, the highest since November 2008. Jet demand was lik..

    Read more

  • Japan oil data – Apr 2018

    Japan oil data – Apr 2018 cover image Published 31 May 2018 by
    Japanese oil demand fell again in April, this time by 0.19 mb/d y/y to 3.22 mb/d. Demand was lower y/y for all products except diesel, which grew by 3 thousand b/d y/y as industrial production posted its 18th straight y/y gain (+2.5%). Heating fuels led the declines due to mild weather (HDDs 25%..

    Read more

  • Japan oil data – Mar 2018

    Japan oil data – Mar 2018 cover image Published 27 Apr 2018 by
    Japanese oil demand fell by the most in 25 months, by 0.25 mb/d y/y to 3.62 mb/d in March. Demand fell across the barrel, except for an impressive 31 thousand b/d y/y expansion for diesel, supported by another strong print on manufacturing (PMI at 53.1). But much warmer weather (HDDs were 25% low..

    Read more