Japanese refiners produced 9.54 million barrels of naphtha and gasoline over January 22-28, down 1.8% from the previous week's output of 9.72 million barrels, the Petroleum Association of Japan said Wednesday.
Gasoline output fell 2.8% to 6.77 million barrels from a week earlier., while naphtha production edged up 0.6% to 2.77 million barrels. Collective naphtha and gasoline output was 9.1% lower than the 10.5 million barrels produced in a year-ago period, Platts data showed.
Stocks of the two light distillates fell 5.2% week on week to 23.06 million barrels January 28. The combined inventories were down 14.4% compared with a year earlier, when they stood at 26.93 million barrels, according to Platts data.
Japan's January 22-28 naphtha, gasoline output and stocks: Mil barrels Change on week Change on year OUTPUT Naphtha 2.77 0.6% -14.7% Gasoline 6.77 -2.8% -6.6%
STOCKS Naphtha 9.76 -12.2% -22.6% Gasoline 13.30 0.7% -7.1%
