|02 December, 2019

UAE exports 32.24mln crude oil barrels to Japan in October

Arab oil accounted for 92.4% of Japan’s petroleum needs

Image used for illustrative purpose. Used oil barrels are seen outside a garage in Cuevas del Becerro, near Malaga, southern Spain February 16, 2015.

Image used for illustrative purpose. Used oil barrels are seen outside a garage in Cuevas del Becerro, near Malaga, southern Spain February 16, 2015.

REUTERS/Jon Nazca

Mubasher: Japan has imported 32.24 million barrels of crude oil from the UAE during October 2019, according to data released by the Agency of Energy and Natural Resource in Tokyo.

This amount accounts for 37.6% of Japan’s total oil imports and represents the highest amount from one country in October, according to Emirates News Agency (WAM).

Meanwhile, oil imported by Japan from Arab countries accounted for 79.15 barrels or 92.4% of Japan’s petroleum needs last month, while crude oil provided around 35% of the energy needed to generate the third biggest economy in the world, according to the ministry.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Markets