Middle East Economic Survey
VOL. LII
No 18
04-May-2009
SUPPLY/DEMAND
Japans March Oil Imports Fall 13.7% From February, 16.7% Year-On-Year
Monthly petroleum data published by Japans Ministry of Economy, Trade and Industry (METI) on 30 April showed that Japans crude oil imports during March fell by 13.7% to 3.792mn b/d compared with imports of 4.393mn b/d in February. Year-on-year, Japans crude imports are down by 16.7% from 4.552mn b/d in March 2008. Crude imports from the Middle East during March...
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