Middle East Economic Survey


No 49


Japans Crude Oil Imports Slip To 3.4Mn B/D For October

Japanese crude oil imports averaged 3.401mn b/d in October, down by 5.56% from the September average of 3.602mn b/d, according to import data released by Japans Ministry of Economy, Trade and Industry (METI) on 30 November. Year-on-year imports increased by 0.22% from 3.394mn b/d in October 2010. October 2011 crude imports from the Middle East fell by 10.54% to 2.866mn b/d from...