Japan oil data – Nov 2018

Published at 10:07 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). Mean…

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