Japan

  • Japan oil data – July 2019

    Japan oil data – July 2019 cover image Published 30 Aug 2019 by
    Users licensed for the data service can access our Japanese oil data. Japanese oil demand fell by 0.18 mb/d y/y to 2.98 mb/d in July amid weakening regional trade activity as a diplomatic spat erupted between Japan and Korea. Gasoline led the declines, with demand down by..

    Read more

  • Japan oil data – June 2019

    Japan oil data – June 2019 cover image Published 30 Jul 2019 by
    Japanese oil demand rose by 41 thousand b/d y/y to 2.89 mb/d in June, as the end of the petrochemical cracker maintenance season supported feedstock demand. Naphtha led the recovery, with demand up by 0.15 mb/d y/y on the back of lower cracker maintenance y/y (-83 thousand tonnes of ethylene capa..

    Read more

  • Japan oil data – May 2019

    Japan oil data – May 2019 cover image Published 28 Jun 2019 by
    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, with demand down by 60 thousand b/d y/y due to persistent weakness in the bunker fuel segment. Ga..

    Read more

  • Japan oil data – Apr 2019

    Japan oil data – Apr 2019 cover image Published 31 May 2019 by
    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 supported demand for oil products. Kerosene led, up by 49 thousand b/d y/y, as April HDDs were 20%..

    Read more

  • Japan oil data – Mar 2019

    Japan oil data – Mar 2019 cover image Published 26 Apr 2019 by
    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/y to 0.14 mb/d on the back of structural weakness in the bunker fuel segment. LPG consumption..

    Read more

  • Japan oil data – Feb 2019

    Japan oil data – Feb 2019 cover image Published 29 Mar 2019 by
    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 weakness, with demand falling by 0.10 mb/d y/y to 0.50 mb/d. Fuel oil was also weak, falling by 0..

    Read more

  • Japan oil data – Jan 2019

    Japan oil data – Jan 2019 cover image Published 28 Feb 2019 by
    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 Tokyo and surrounding areas in early February, weather has been warmer than usual t..

    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..

    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