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Japanese Fuel Oil Imports Increase in August due to High LNG Prices

OIL

Japan's fuel oil imports rose to near four-year highs in August.

  • The country's fuel oil imports hit 306,600t (64,000 b/d) in August, the highest since at least October 2018, according to Vortexa data.
  • Imports in August comprised about 67.5pc low-sulphur fuel oil (LSFO) and 32.5pc high-sulphur fuel oil (HSFO), mostly originating from Singapore with the rest from Malaysia, South Korea and the UAE.

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