Japanese weekly refinery activity
Write:
Elia [2011-05-20]
Japan's refinery run rates for the week ending 3 July rose to 67.5pc from 65.5pc a week earlier, with some refineries returning from maintenance turnarounds. The latest run rates were also higher by 4.6 percentage points compared with a month earlier.
Crude throughput of 3.17mn b/d was up 2pc from a week earlier and 6.1pc from a month previously, according to Petroleum Association of Japan data.
Japan's output of finished oil products for the latest week rose by 3.1pc to 21.4mn bl against a week earlier and a 7pc increase from a month previously. Overall stocks of crude, unfinished products and feedstock rose by 4pc to 155.8mn bl in the latest week.
But Japan's total stocks of finished products for the latest week were almost unchanged at 77mn bl from 76.5mn bl a week earlier and down by 2.8pc from a month earlier. This was partly the result of increased exports. Total exports of finished products rose to 4.8mn bl from 3.7mn bl the previous week and up 11.7pc from a month earlier.