ENEOS Estimates May Oil Products Demand at 108% of Last Year

摘要

According to ENEOS, the company estimated demand for four oil products, gasoline, kerosene, diesel oil and fuel oil A in May at 7.48 million kl, 108% of the same month a year ago. The month’s demand is expected to exceed last year’s significantly low demand for gasoline and other products, but will be 95% compared with May 2019 when there was no impact on the coronavirus. It is expected that gasoline demand will be 3.59 million kl (116% of last year), kerosene 0.54 million kl (81%), diesel oil 2.58 million kl (107%), and fuel oil A 0.77 million kl (99%). Gasoline is expected to show a double-digit growth from significantly low level in May 2020, and diesel oil will exceed last year.