Australian fuel import bill going sky-high

Posted on May 25, 2022

In March 2022 Australia’s petroleum product imports have reached almost AU$ 4 bn per month, an increase of 70% compared to December 2019. Fig 1: Petroleum product imports by volume (black lines)…

Asia Peak Oil update Nov 2021

Posted on March 30, 2022

Using latest monthly EIA and Jodi data. Fig 1: Asian crude production peaked 2010-2015 (where EIA data are not available, the annual BP Stat Review has been used) Asian oil production is…

Australian oil stocks consumption cover

Posted on March 22, 2022

The IEA warns: The prospect of large-scale disruptions to Russian oil production is threatening to create a global oil supply shock. We estimate that from April, 3 mb/d of Russian oil output…

Russian oil production update Nov 2021

Posted on February 28, 2022

Pic 1: Druzhba oil pipeline, refineries supplied https://fingfx.thomsonreuters.com/gfx/ce/7/4144/4136/Druzhba%20IEA.png .Fig 2: Crude production peaked before Covid at around 10.6 mb/d That this production level would be some kind of limit was known for…

Australian fuel import dependencies Sep 2021 Data

Posted on December 10, 2021

Diesel Imports Fig 15: Diesel imports Diesel imports increased from China since 2015 and also from a brand new Chinese refinery in Brunei. See Fig 18. Fig 16: Diesel imports from China…

China peak diesel

Posted on October 31, 2021

Fig 1: Aljazeera video on truck lines October 2021. Shortages could last for months https://www.youtube.com/watch?v=Sy_uiSlgbIA BBC reporting: China rations diesel amid fuel shortages 29/10/21 Petrol stations in many parts of China have…