Japan Increased its Imports of Saudi Crude by 7.4% in May, but Cut Those of Iranian Crude by 29.1%

摘要

Although Japan reduced its total crude oil imports by 6.1% to 17.6 million kiloliters (equivalent to 3.57 million barrels/day) in May, due mainly to a seasonal downturn in demand, it increased its purchases of Saudi crude by 7.4% to 5.49 million kl, according to the latest figures released by the Japanese Ministry of Economy, Trade and Industry (METI). Saudi Arabia thus remained more than ever Japan's leading crude oil supplier that month, accounting for 31.2% of its total imports, up from 27.3% in April.