Middle East Economic Survey


No 36


Japans Crude Oil Imports Rise In July By 9%, Down 18% Year-On-Year

Monthly petroleum data published by Japans Ministry of Economy, Trade and Industry (METI) on 31 August showed that crude oil imports during July increased by 9.1% to 3.531mn b/d compared with imports of 3.235mn b/d in June. Year-on-year, Japans crude imports in July are down by 18% from 4.309mn b/d in July 2008. Crude imports from the Middle East averaged 3.134mn b/d during...