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  1. Korea Crude Imports 6-Year Low, Taiwan Lowest In Decades

    ...65mn b/d (see table, p8). For Taiwan, Q3 imports of just 701,000 b/d were further down on the multi-decade low of 721,000 b/d set the previous quarter (see table). At 760,000 b/d for the first nine months of 2020, volumes are on track to come in below 2011’s 774,000 b/d as the lowest annual figure this mi...

    Volume: 63
    Issue: 42
    Published at Fri, 16 Oct 2020

  2. Saudi ‘Demonstrates Leadership’ by Keeping Crude Exports Low

    ...ptember). As a result, Saudi Arabia is on course to export around 6.7mn b/d on average in Q3, its lowest quarterly figure since Q1 2011. Some of the deepest cuts have been felt by the US. US crude imports from Saudi in October fell to 666,000 b/d, the lowest in almost 30 years (MEES, 20 October). They ap...

    Volume: 60
    Issue: 42
    Published at Fri, 20 Oct 2017

  3. Saudi Oil Exports Fall Amid Record Products Demand & Oil Burn

    ...urth consecutive month of net gasoline exports, a feat not achieved since November 2011. Saudi Arabia is on track to be a net gasoline exporter for the first time since 2011.  SAUDI OIL EXPORTS REMAIN AT NEAR RECORD LEVELS (MN B/D)   SAUDI PRODUCTS EXPORTS DOWN SLIGHTLY FROM 1H16 RE...

    Volume: 59
    Issue: 42
    Published at Fri, 21 Oct 2016

  4. Saudi Arabia Takes On Oil Market Bears

    ...counting for roughly one third of the group’s total output, Saudi Arabia has often acted without waiting for a formal agreement by all 12 members of OPEC. It ramped up production to make up for the loss of more than 1mn b/d of Libyan oil at the start of the revolution in the North African state in 2011, an...

    Volume: 57
    Issue: 42
    Published at Fri, 17 Oct 2014

  5. IEA, OPEC See Deeper Cuts In 2014 Call On OPEC

    ...t average oil output for the group at 30.05mn b/d in September, down close to 400,000 b/d from August levels – leaving it just 50,000 b/d off the 30mn b/d production ceiling agreed on in December 2011.   OPEC members are set to meet in Vienna in December this year. But despite crude oil pr...

    Volume: 56
    Issue: 42
    Published at Fri, 18 Oct 2013