Italy 2017 Crude Imports ('000 B/D): Iran More Than Triples Volumes To 7-Year High, Kuwait Supplies Record 73,000 B/D (And 100,000 B/D For Q4), Libya Rebounds To 4-Year-High, Mideast Supplies Record 41.3%

...*CHANGES EXPRESSED ON A PERCENTAGE POINT BASIS. SOURCE: ITALY CUSTOMS DATA, MEES CALCULATIONS.   ITALY’S TOP 8 CRUDE SUPPLIERS ('000 B/D): RESURGENT IRAN FALLS JUST SHORT OF AZERBAIJAN AS #1 SUPPLIER WITH 7-YEAR HIGH OF 352,000 B/D IN NOV 2017   ITALY CRUDE IMPORTS BY...

Turkey 2017 Crude Imports ('000 B/D): Iran Takes Top Spot With Record Volumes

...*PERCENTAGE CHANGE EXPRESSED IN PERCENTAGE POINT TERMS. SOURCE: EPDK, MEES.   TURKEY CRUDE IMPORTS ('000 B/D): RESURGENT IRAN OVERTAKES IRAQ AS TOP SUPPLIER FOR 2017...   ...BUT THE LAST TWO MONTHS OF 2017 SEE IRAN VOLUMES SLUMP TO THE LOWEST LEVEL SINCE 2010* ('00...

Turkey Gas Imports (Bcm): 2017 Sees Record 55.2bcm, With Volumes From Top Two SuppliersRussia (28.6bcm) And Iran (9.3bcm) Also At Record Levels; Imports Of US LNG Up Eight-Fold

Taiwan 2017 LNG Imports: Qatar Volumes Down 16%, Share Down 11% With Australia The Big Gainer

Taiwan LNG Imports (Mn T)

...INCREASED AUSTRALIAN, RUSSIAN VOLUMES EAT INTO QATAR SHARE...   ...IMPORT PRICES EDGING UP IN LATE 2017, QATAR REMAINS CHEAPEST SUPPLIER ($/MN BTU) SEE P15 FOR FULL DATA. SOURCE: TAIWAN CUSTOMS, MEES CALCULATIONS. ...

Spain 2017 Crude Imports ('000 B/D): Strong Iran And Libya Recovery Raises Mideast Volumes To 6-Year High

The Top 5 Global LNG Importers, All In Asia, Took A Record 195Mn T In 2017, Up 11% On 2016’s Previous Record, As China Overtook Korea As #2 Importer (Mn T)

...*ESTIMATES FOR TAIWAN AND INDIA BASED ON JAN-NOV AND JAN-OCT 2017 DATA. SOURCE: NATIONAL IMPORT STATISTICS, IGU, GIIGNL....

Japan 2017 LNG Imports: Qatar Volumes Fall To 7-Year Low As Australia Solidifies Top Supplier Spot

Sama Net Foreign Assets:

...SAUDI RESERVES* HAVE EDGED HIGHER WITH OIL PRICES IN RECENT MONTHS... *SAMA NET FOREIGN ASSETS ($BN, END PERIOD). SOURCE: SAMA, IMF, MEES.   ...BUT THEY STILL ENDED 2017 BELOW $500BN FOR THE FIRST TIME SINCE 2010...

China 2017 Lng Imports (Mn Tons): Qatar Volumes Increase 50% From 2016, Share Remains Flat

Thailand LNG Imports ('000 Tons): Qatar Remains Top Supplier In 2017 But Market Share Falls To 60%

Thailand Crude Imports 2017 ('000 B/D): Saudi Closes Gap To Top Supplier Uae But Mideast Share Falls

China 2017 Crude Imports ('000 B/D): Russia Cements Top Spot Ahead Of Saudi; Iraq, Kuwait, Qatar Records

China Crude Imports ('000 B/D): Russia Soars Ahead Of Saudi As #1 2017 Supplier. Strong Q4 Keeps Saudi Ahead Of Angola For Second Place As Overall Imports Dip From Q2 Record.

...LINES SHOW TOP SIX 2017 SUPPLIERS. SEE P19 FOR FULL DATA. SOURCE: CHINA CUSTOMS, MEES....

South Korea 2017 LNG Imports: Australia Closes Gap On Top Supplier Qatar, Us Overtakes Russia To #6 Place

...*CHANGES EXPRESSED IN PERCENTAGE POINT TERMS. SOURCE: KOREA CUSTOMS SERVICE, MEES CALCULATIONS.   KOREA LNG IMPORTS (MN T): VOLUMES WERE SECOND HIGHEST ON RECORD IN 2017 WITH AUSTRALIA CLOSING IN ON QATAR FOR TOP SPOT *ONLY TOP 7 COUNTRIES FOR 2017 ARE INCLUDED. SOURCE: KO...

China Crude Imports (‘000 B/D):

...CHINA OVERTOOK THE US AS THE WORLD’S #1 CRUDE IMPORTER IN 2017. VOLUMES ROSE 10.7% (810,000 B/D) TO 8.4MN B/D...   ... BUT RECORD 1H17 BUYING WAS BOOSTED BY STRATEGIC STOCKPILING; IMPORT VOLUMES HAVE DIPPED IN RECENT MONTHS SOURCE: CHINA CUSTOMS, MEES....

US Key 2017 Oil Data (‘000 B/D): NGLs, Total Output, Exports At Record Highs

Crude Official Selling Prices ($/B):Iran Cuts Heavy Crude OSP To Record 55¢/B Discount To Saudi Arab Medium In Battle For Market Share In Asia

...*VS ICE BRENT FROM JULY 2017 PREVIOUSLY VS BWAVE.   SAUDI LPG ($/T)...

Chinese LNG Imports (Mn T):

...AUSTRALIA WAY AHEAD WITH 46% OF 2017 SUPPLIES, QATAR CLEAR #2 WITH 19%, US LEAPS TO THIRD PLACE WITH RECORD 407,000T IN NOVEMBER *TOP 6 FOR JAN-NOV 2017 ACCOUNTING FOR 31.4MN TONS, 94% OF TOTAL 33.3MN TONS IMPORTS. SOURCE: CHINA CUSTOMS, MEES.   JAN-NOV 2017 TOTAL (MN T)...

US Oil Output At Record Levels: October Crude Highest Since 1971. Record NGLs Output (4mn B/D For October) Mean Overall Oil Output At Record 13.6mn B/D...

...  ... WITH 2017 OUTPUT ABOVE 2015 DESPITE LOWER CRUDE. 1.2MN B/D OF FURTHER GAINS ARE FORECAST^ FOR 2018 *INCLUDES PROVISIONAL FIGURES FOR NOV AND DEC 2017. ^LATEST FORECASTS FROM DEC17 STEO. SOUREC: EIA, MEES.  ...