Middle East Economic Survey

VOL. LIII

No 2

11-Jan-2010

Japans Crude Oil Imports For November Down 4.5% Year-On-Year

Monthly petroleum import data published by Japans Ministry of Economy, Trade and Industry (METI) on 28 December showed that crude oil imports during November increased by 1.9% to 3.673mn b/d compared with imports of 3.603mn b/d in October. Year-on-year, Japans crude oil imports in November are down by 4.5% from 3.848mn b/d in November 2008. Imports from the Middle East averaged...