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Category: Saudi Arabia

Energy Minister Bowen firm in refusing Russian fuel imports but keeps options open for diesel imports from Russian dependent India

Posted on October 11, 2026

Summary 1 The Russian – Indian dilemma for Australian diesel imports 2 Australian diesel stock as low as at beginning of Iran war 3 Forward orders down and again no diesel volumes…

Australian Energy Minister Bowen downplays diesel supply risk after Saudi Arabia visit

Posted on October 6, 2026

Summary 1) Fuel supply Update 1.1) Stock in days                                               …

Australian onshore diesel stock on 15 Sep 2026 very likely near or below MSO level

Posted on September 20, 2026

Total diesel stock on 15 July is slightly less than on 3 March. But the big change is that the estimated onshore share has decreased by 14%, very likely near or below…

Australian Diesel stocks down from maximum in July 2026 by 6 days to 32 days, the same level as beginning March

Posted on September 14, 2026

Back to square one. Just as the situation in the Middle East is worsening, diesel (and also jet fuel stocks) are basically down to March 2026 levels. This is because Australian onshore…

Australian fuel supply update 1 August 2026: tankers expected to arrive in next 4 weeks will drop by 20%

Posted on August 2, 2026

Executive Data Summary Fuel stock is on a bumpy plateau of 6.3 bn litres for the last 8 weeks reaching limits to growth Diesel stock has been on an average of 3.5…

Australian Energy Minister at ease despite Hormuz closure and detour of Saudi tankers to Asia via the Cape of Good Hope

Posted on July 25, 2026

MSO update with data from 21 July 2026 Context Hormuz tanker crossings slip to lowest in more than two months, data shows 24/7/26 Only one tanker crossed the Strait of Hormuz on…

How many barrels of OPEC crude oil exports would be impacted in case of a Persian Gulf war ?

Posted on February 19, 2026

U.S. Gathers the Most Air Power in the Mideast Since the 2003 Iraq Invasion 18 Feb 2026 U.S. is ready to strike Iran but President Trump hasn’t yet decided to do so…

Post-Covid crude production in world outside the US still lower than end 2018

Posted on March 25, 2025

This is part 2 of the previous post of 4 Mar 2025 https://crudeoilpeak.info/us-shale-oil-seems-to-cover-up-peaking-crude-oil-production-in-the-rest-of-the-world-since-2018 In this post we focus on the period 2016 – Oct 2024 This is a graph showing the changes…

OPEC12 peak 2016-2018

Posted on September 12, 2024

Fig 1: OPEC12 crude production peaked 2015-2018 Crude oil in the EIA statistics includes condensate (C&C). The data are around 2.2 mb/d higher than the crude only published in OPEC’s Monthly Oil…

Peak oil update 2023 – part 1 NGLs

Posted on June 24, 2024

The 2024 Statistical Review of World Energy has been published on 20 June 2024 by the Energy Institute (previously by BP) with data up to 2023. https://www.energyinst.org/statistical-review Oil production in 2023 has…

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Latest posts

  • Asia Pacific peak oil update 2025, consumption 5x higher than production
  • Australian jet fuel stock floating offshore while fuel prices are flying away
  • Australian Diesel imports in August dropped from high in May
  • First early hot summer day in spring 2026 and power prices spike at a whopping AUD 23k per MWh
  • Energy Minister Bowen firm in refusing Russian fuel imports but keeps options open for diesel imports from Russian dependent India
  • Australian Energy Minister Bowen downplays diesel supply risk after Saudi Arabia visit

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