Middle East Economic Survey

VOL. LIII

No 14

05-April-2010

Japans February Crude Imports Down 8% From January, 14.5% Year-On-Year

Monthly petroleum import data published by Japans Ministry of Economy, Trade and Industry (METI) on 31 March showed that crude oil imports during February averaged 3.757mn b/d, a decline of 8.0% from Januarys import average of 4.084mn b/d. Year-on-year, Japans crude imports were down by 14.5% from 4.393mn b/d in February 2009. Imports from the Middle East declined...