Middle East Economic Survey


No 27


Japans May Crude Imports Down From April, Up Year-On-Year

Japanese crude oil imports for May averaged 3.458mn b/d, down 9.8% from Aprils average of 3.834mn b/d, but up by 1.8% from the May 2009 average of 3.398mn b/d, according to monthly imports data released by Japans Ministry of Economy, Trade and Industry (METI) on 30 June. Crude imports from the Middle East declined by 10.8% to 3.007mn b/d in May from 3.373mn b/d in April and by 3.5%...