VOL. XXXIV

NO. 42

22-JULY-1991

Supply/Demand

Japanese Demand for Petroleum Products to Rise 10.4% by FY 1995, Says MITI

Japan's demand for petroleum products, led by a strong domestic economy, isexpected to remain firm during FY 1991 (April 1991 to March 1992) and to totalaround 1,420mn barrels, an increase of 3.3% over FY 1990, according to theannual update of the Petroleum Council of the Ministry of International Tradeand Industry (MITI). This upward trend is projected to continue for virtually...