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 – May 2017

    Energy Aspects estimates that Chinese implied demand in May reached around 12 mb/d, higher y/y by a massive 0.7 mb/d (6.1%), from a low base last year. Actual demand growth was likely lower at 0.3-0.4 mb/d y/y, as stocks seem to have built counter-seasonally due to limited product export quotas. Im..

    5 days ago - Read more

  • | The black sheep

    Asian fuel oil cracks and timespreads have performed strongly since late May despite bunker fuel demand moderating. Hot weather has come early, boosting consumption even as stalwarts such as Japan and South Korea have begun to reduce their use of the product. We see the softness in bunker demand as ..

    5 days ago - Read more

  • | South Korea oil data – May 2017

    Korean oil demand grew y/y for the third consecutive month in May, by 51 thousand b/d to 2.48 mb/d. Oil demand growth continued to be led by naphtha, as it has since March, at 61 thousand b/d, which remained the more economical petrochemical feedstock relative to LPG, demand for which was flat y/y. ..

    6 days ago - Read more

  • | Grin and bear it

    OPEC’s policy paralysis in the face of a hostile oil market spells trouble for middle distillates. For months, we have been largely positive about diesel over the spring on strong demand and cautious about Q3 17 balances. At our most constructive, we argued in April that early Q3 17 could see some u..

    1 week ago - Read more

  • | Australia oil data – Apr 2017

    Australian oil demand grew y/y for the sixth consecutive month in April to 1 mb/d, but growth was at its slowest over this period at 11 thousand b/d y/y. The y/y increase was led by diesel once again, at 11 thousand b/d, but this was much lower than the average growth of 21 thousand b/d registered o..

    1 week ago - Read more