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Source: OPEC 8/6/2012, Location: Asia
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 Total FSU crude exports dropped by 463 tb/d to average 6.4 mb/d after reaching a record level in April 2012. The decrease of export volumes in May was attributed to the increasing demand from local refineries and supported by high profitability. Russian pipeline crude exports dropped as well by 147 tb/d or 3.3% m-o-m to average 4.4 mb/d. The supply of Russian blend to China fell by 3.2% to 299 tb/d. Likewise, exports from Kozimino saw a similar decline of 3.1%. Both CPC and BTC crude exports had declined by 20.2% and 12.2%, respectively.
Kazakh crude rail exports reached their lowest levels this year by losing 58 tb/d to average 110 tb/d resulting in a m-o-m decline of 34.5%. Ural exports through the Baltic decreased by 5.6% to average 1.8 mb/d, while exports from the Black Sea decreased by 7.8% to average 836 tb/d. Total FSU products exports declined in May by 6.4% or 619 tb/d to stand at 9.1 mb/d. The decline in products exports was seen across all products with the exception of vacuum gasoil, which saw an increase of 10.5% over the previous month.
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| Middle East Oil Supply - June 2013 |
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Syria >> 6/19/2013 - Middle East oil production is estimated to average 1.43 mb/d in 2013, a decrease of 70 tb/d from 2012 and indicating a downward revision of 60 tb/d fr...
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| China Oil Trade - May 2013 |
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China >> 6/18/2013 - China’s crude oil imports increased in April by 189 tb/d, or 3.5%, from the previous month, to average 5.6 mb/d, despite lower refining levels. On an ...
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| Africa Oil Supply in June 2013 |
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Sudan >> 6/17/2013 - Africa’s oil supply is forecast to average 2.38 mb/d in 2013, an increase of 70 tb/d from 2012, flat from the previous MOMR. Despite the steady state,...
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| Japan Oil Trade in May 2013 |
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Japan >> 6/16/2013 - Japan crude oil imports saw a large decline in April by around 480 tb/d or 11% to average 3.7 mb/d. This decline was a fallback after the increase in ...
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| Caspian and China Oil Supply – May 2013 |
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Kazakhstan >> 6/12/2013 - Oil production from Kazakhstan is forecast to average 1.66 mb/d in 2013, an increase of 70 tb/d over the previous year, indicating a downward revision...
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| Crude Oil Price Movements - Jun 13 |
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Austria >> 6/11/2013 - OPEC Reference Basket
The OPEC Reference Basket (ORB) slipped only marginally in May to average
$100.65/b. Hopes for stronger global econ...
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