Japan imported just 65,800 b/d of crude from Kuwait in October (all Kuwait Export Blend), the lowest monthly figure in at least two decades, and little more than half the previous low of 123,000 b/d set in October last year.
At an average of 152,000 b/d for 10M 2024, Kuwait volumes are down 33% year-on-year and as such on pace to come in well below 2021’s multi-decade low of 208,600 b/d. (CONTINUED - 164 WORDS)