Kuwait oil exports to Japan down to 4-month low

Mubasher: Exports of Kuwait’s crude oil to Japan decreased by 2.3% in August compared to the same month a year ago, registering the lowest level in four months.

Kuwait’s oil exports to Japan reached 6.18 million barrels in August; an average of 199,000 barrels per day (bpd), according to a report issued by the Agency for Natural Resources and Energy in Japan.

Japan’s total crude oil imports edged down 0.1% year-on-year in August to 3.21 million barrels.

Oil cargos from the Middle East accounted for 87.8% of Japan’s crude oil imports, up 3.1% from 2016.

Mubasher Contribution Time: 03-Oct-2017 14:01 (GMT)
Mubasher Last Update Time: 03-Oct-2017 14:01 (GMT)