Norway's oil production in December reached 1.847mbpd, marking a 2.3% m/m increase and a 4.2% y/y increase, as reported by the Norwegian offshore directorate. Additionally, gas output in Norway hit a record high in December, surpassing forecasts. In Japan, December exports to China increased for the first time in 13 months, while exports to the US reached a record high. Japan's exports rose by 9.8% yoy in December, reaching a record high of JPY 9,648.21 billion, surpassing market forecasts of a 9.1% gain. The country also saw a strong pickup in exports, particularly to the US, which increased by 20%, indicating a positive outlook for the economy's growth prospects. December 2023 marked a new all-time monthly high for natural gas production in Japan, with overall production for the year surpassing the previous record by 3.7%.
December 2023 marked a new all-time monthly high for natural gas production, and overall production for the year beat the previous record by 3.7%. https://t.co/glegJ5esn8
Japan exports soar to record in Dec; China shipments make long-awaited rebound - Reuters https://t.co/eWZUvyZyGY
Exports from Japan rose by 9.8% yoy to a new record peak of JPY 9,648.21 billion in December 2023, beating market forecasts of a 9.1% gain and shifting from a small drop in November. The latest result also marked the strongest growth in outbound shipments since December 2022,…
BREAKING: 🇯🇵 Japan's exports rise by 9.8% year-on-year in December, reach record high.
Japan exports soar to record in Dec; China shipments make long-awaited rebound https://t.co/tlAXsAYlxD https://t.co/FBf7tpTOj9
Japan saw a strong pickup in exports last month as shipments to the US increased by 20%, giving a boost to prospects for the economy returning to growth https://t.co/adq2FGvvEe
🇯🇵 Japan Adjusted Trade Balance $JPY Actual: -0.35T 🟢 Expected: -0.45T Previous: -0.41T
🔴 JAPAN SEES DECEMBER EXPORTS TO CHINA INCREASE FOR FIRST TIME IN 13 MONTHS: MOF
🔴 JAPAN'S DECEMBER EXPORTS TO US REACH RECORD HIGH: MOF
🔴 JAPAN LOGS BIGGEST EVER MONTHLY EXPORT VALUE IN DECEMBER: MOF
🇯🇵 Balance of Trade (Dec) Actual: ¥62.1B Expected: ¥-122.1B Previous: ¥-780.4B https://t.co/1l6L5jI9ex
🔴 JAPAN DECEMBER EXPORTS INCREASE BY 9.8% YEAR ON YEAR; ESTIMATED AT 9.2%
🇯🇵 Japan Imports (YoY) (Dec) $JPY Actual: -6.8% 🔴 Expected: -5.3% Previous: -11.9%
🇯🇵 Japan Exports (YoY) (Dec) $JPY Actual: 9.8% 🟢 Expected: 9.1% Previous: -0.2%
🇯🇵 Japan Trade Balance (Dec) $JPY Actual: 62.1B 🟢 Expected: -122.1B Previous: -776.9B
Heads Up:🇯🇵 Balance of Trade (Dec) due at 23:50 GMT (15min) Expected: ¥-122.1B Previous: ¥-776.9B https://t.co/1l6L5jI9ex
Norway's December gas output hits record, oil beats forecast https://t.co/wMEspFCkAx https://t.co/EeOrETGFXp
#Norway gas output hits record in December, oil beats forecast #oott https://t.co/biWStEOHJB
#Norway: oil production was at 1.847mbpd in December, +2.3% m/m, +4.2% y/y - Norwegian offshore directorate #oott