Nevyn Nah

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Nevyn covers Asian refined products market analysis. After graduating from the National University of Singapore with a chemical engineering degree, he worked at ExxonMobil for 5 years where he held several roles including process engineering, business analysis and crude optimisation. Most recently, he was a senior analyst at Phillips 66 where he spent 4 years covering Asia and Middle East crude oil markets as well as crude optimisation for Melaka refinery.

Recent publications

  • | China oil data – Feb 2017

    China’s implied oil demand in January and February averaged 11.62 mb/d, higher y/y by a massive 0.60 mb/d (5.6%), alongside stellar crude import volumes and improving economic momentum. Actual demand (adjusted for stock changes and mixed aromatics imports) was likely lower, but still higher y/y by a..

    2 days ago - Read more

  • | South Korea oil data – Feb 2017

    Korean demand grew by 21 thousand y/y to 2.62 mb/d in February, reverting to the usual growth pattern after declining y/y in January for the first time since May 2015. But the stimulus to oil demand from low oil prices and government spending is waning. GDP growth slowed to 0.4% q/q in Q4 16, the sl..

    3 days ago - Read more

  • | White swan

    Wavering faith in the crude rebalancing story prompted a wave of selling this month and product markets were not immune, but it was bizarre for diesel to be caught in the panic. Globally, the overwhelming majority of recent economic headlines have been undeniably bullish for diesel. The only real ma..

    1 week ago - Read more

  • | Australia oil data – Jan 2017

    Australian oil demand rose y/y for the third consecutive month in January, by 6 thousand b/d to 0.9 mb/d, following an upward revision to December 2016 data that reversed what was previously a decline into growth. Oil demand could have grown further in January if not for adverse weather conditions (..

    1 week ago - Read more

  • | RINs redux

    Global gasoline markets corrected sharply in early March, precipitated by a rumoured shift in arcane US biofuels blending rules and another slump in Asian gasoline cracks, which had enjoyed a strong start to the year. The correction was much-needed. The market had bid up summer-grade gasoline prices..

    2 weeks ago - Read more