VOL. XXXII

NO. 21

27-FEBRUARY-1989

MAGREB

Surge in Japan's Oil Demand

Oil demand in Japan during 1988, in terms of domestic consumption of fuelproducts, increased to an eight-year high of 3.47mn b/d, compared to 3.23mn b/din the previous year or a rise of 7.6%, according to preliminary statisticsreleased by the Ministry of International Trade and Industry (MITI). Theincrease in 1987 over 1986 was 2.0%. The report also shows that while crude oilimports totaled 3.33mn b/d in 1988, an increase of...