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2018-01-03 15:45:00

SAUDIS OIL TO JAPAN UP 19.3%

SAUDIS OIL TO JAPAN UP 19.3%

PLATTSJapan's crude oil imports from Saudi Arabia rose 19.3% month on month to an average of 1.39 million b/d in November, preliminary data released Thursday by the Ministry of Economy, Trade and Industry showed.

The Saudi crude imports in November were also up 12.5% from the same period a year earlier on a barrel-per-day basis.

METI data is released in kiloliters, which S&P Global Platts converts into b/d.

Japan's crude imports from key Middle Eastern producers including Saudi Arabia, Iran, Iraq, Qatar and Kuwait rose in November as various Northeast Asian end-users had switched focus away from North and Central American supply due to the onslaught of Hurricane Harvey in the late third quarter.

A string of loading schedule delays for US and Mexican crudes during August and September had encouraged many Japanese, South Korean and Chinese refining companies to concentrate their crude procurement for November delivery in the Persian Gulf market, Asian trade sources have said.

Japan's crude imports from the US fell almost 10% from October to 34,690 b/d, while the country's intake from Mexico in November tumbled 82.9% month on month to average 16,650 b/d.

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Earlier:

 JAPAN'S LPG UP TWICE
2017, December, 22, 22:05:00

JAPAN'S LPG UP TWICE

REUTERS - Japan’s liquefied petroleum gas (LPG) imports from the United States are expected to double in 2017 to a record and account for around for around half of its total purchases, government and shipping data showed.

 

 SAUDIS OIL FOR JAPAN
2017, December, 11, 09:55:00

SAUDIS OIL FOR JAPAN

REUTERS - State oil company Saudi Aramco last week raised prices for all crude oil grades to Asia in January.

 

 JAPAN LNG INVESTMENT
2017, October, 16, 11:35:00

JAPAN LNG INVESTMENT

The Japanese government will offer $10 billion to support firms bidding to build liquefied natural gas (LNG) infrastructure around Asia, the Nikkei business daily said on Monday.

 

 JAPAN - INDIAN LNG
2017, October, 13, 12:45:00

JAPAN - INDIAN LNG

India will work with Japan to make long-term liquefied natural gas (LNG) import deals more affordable for its price-sensitive consumers, it said on Wednesday, as these two big importers try to secure better prices and concessions from suppliers.

 

 SAUDI ADD TO JAPAN
2017, September, 11, 12:20:00

SAUDI ADD TO JAPAN

Oil giant Saudi Aramco will on Wednesday add 1.9 million barrels (300,000 kilolitres) of crude to storage that it holds in Japan, a Japanese trade ministry official said.

 

 QATAR - JAPAN LNG TALKS
2017, May, 31, 17:35:00

QATAR - JAPAN LNG TALKS

Qatar faces rising competition from a tide of new LNG from sources including Australia, which is expected to surpass it as the world's top exporter by 2019.

 

 SAUDI - JAPAN TALKS
2017, March, 14, 18:30:00

SAUDI - JAPAN TALKS

Trade between the countries fell overall last year as oil prices dropped. Japan's 2.1 trillion yen ($18.6 billion) in imports from Saudi Arabia in 2016, mostly oil and gas, dwarfed its exports of 546.3 billion yen ($4.8 billion).

 

 

Tags: SAUDI, ARABIA, JAPAN, OIL
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SAUDIS OIL TO JAPAN UP 19.3% October, 15, 12:20:00

U.S. - CHINA NUCLEAR POLICY

SAUDIS OIL TO JAPAN UP 19.3% October, 15, 12:15:00

U.S. - CHINA NUCLEAR SANCTIONS

SAUDIS OIL TO JAPAN UP 19.3% October, 15, 12:10:00

IRAN SANCTIONS DOWN

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IRAN - S.KOREA OIL DOWN ANEW

All Publications »

Chronicle:

SAUDIS OIL TO JAPAN UP 19.3%
2018, October, 15, 12:01:00

GAZPROM - SHELL: BALTIC LNG

GAZPROM - The parties discussed relevant issues related to bilateral cooperation, including the Baltic LNG project. Emphasis was placed on the priority measures aimed at developing a joint design concept (pre-FEED).

SAUDIS OIL TO JAPAN UP 19.3%
2018, October, 15, 12:00:00

U.S. RIGS UP 11 TO 1,063

BHGE - U.S. Rig Count is up 11 rigs from last week to 1,063, with oil rigs up 8 to 869, gas rigs up 4 to 193, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 13 rigs from last week to 195, with oil rigs up 8 to 127 and gas rigs up 5 to 68.

SAUDIS OIL TO JAPAN UP 19.3%
2018, October, 12, 11:40:00

OIL PRICE: NEAR $81

REUTERS - Brent crude futures had risen $1.02 cents, or 1.3 percent, to $81.28 a barrel by 0637 GMT. The contract dropped 3.4 percent on Thursday following sharp falls in equity markets and indications that supply concerns have been overblown. U.S. West Texas Intermediate (WTI) crude futures were up 80 cents, or 1.1 percent, at $71.77 a barrel, after a 3 percent fall in the previous session. WTI is on track for a 3.5 percent drop this week.

SAUDIS OIL TO JAPAN UP 19.3%
2018, October, 12, 11:35:00

OIL PRICES 2018 - 19: $74 - $75

EIA - Brent crude oil spot prices averaged $79 per barrel (b) in September, up $6/b from August. EIA expects Brent spot prices will average $74/b in 2018 and $75/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019.

All Publications »