1. Opec Output On Track For Eight-Year Low

    ...Opec output fell 140,000 b/d to 29.59mn b/d last month despite perennial quota-busters Iraq and Nigeria continuing to flout their commitments. For 2019 Opec output is on track to fall below 30mn b/d for the first time since 2011. After having promised Saudi Energy Minister Prince Ab...

    Volume: 62
    Issue: 49
    Published at Fri, 06 Dec 2019
  2. Japan: UAE Overtakes Saudi As Number One Supplier

    ...*For well over a decade Saudi Arabia had been the unrivalled number one crude and condensate supplier to Japan. Saudi market share climbed above 30% in 2011 and rose steadily to hit 40% in 2017, dipping only modestly to 38.1% for 2018. The UAE (almost all Abu Dhabi) was a distant number two fo...

    Volume: 62
    Issue: 40
    Published at Fri, 04 Oct 2019
  3. Opec Output Slumps As Ecuador Quits

    ...oduction in late 2018 (MEES, 7 December 2018). Libyan output too has risen by 170,000 b/d, but the country is one of two members exempt from production restrictions as it seeks to return a semblance of stability to the country following the 2011 revolution and subsequent civil war. Output jumped 70...

    Volume: 62
    Issue: 40
    Published at Fri, 04 Oct 2019
  4. Taiwan Crude Imports Hit 8-Year High, Opec Share At Record Low

    ...*Taiwan imported 892,500 b/d of crude in 2018, the highest figure since 2010. Imports peaked at 1.046mn b/d in 2006. *Gulf suppliers have not been the beneficiaries of this rise in volumes; the Mideast share of the Taiwan market fell to 77.6%, the lowest level since 2011 (see chart). Vo...

    Volume: 62
    Issue: 08
    Published at Fri, 22 Feb 2019
  5. Australia Challenges Qatar For Taiwan LNG Top Spot: Just The Prelude?

    ...ll ahead for 2018 as a whole, a seemingly-comfortable 2.1mn tons ahead of number two Malaysia with Australia a further 230,000mn tons behind in third place (see data, p22). That said Qatar’s 4.89mn tons for 2018 was down almost 8% on 2017 and the lowest annual figure since 2011. Qatar’s 29% market sh...

    Volume: 62
    Issue: 08
    Published at Fri, 22 Feb 2019
  6. Saudi Asian Supplies Surged To Record High In November Amid Bumper Exports

    ...d well down on the 20.3% from ten years’ previous. Market share was 15.3% in November, however, holding out hope for Riyadh that 2019 could witness the first market share gain in China since 2011. One cloud on the horizon is the growing concern over a possible Chinese economic slowdown this ye...

    Volume: 62
    Issue: 01
    Published at Fri, 04 Jan 2019
  7. Iran Exports Slump To 5-Year Low

    ...PACITY). **BONDED STORAGE IN DALIAN, CHINA. ^^FRANCE, AUSTRIA INCLUDED IN 'OTHER EU' FOR 2011, 2012. SOURCE: NATIONAL IMPORT STATISTICS, REUTERS, BLOOMBERG, MEES....

    Volume: 62
    Issue: 01
    Published at Fri, 04 Jan 2019