Kuwait’s crude oil exports to Japan fall 20.7% in June
Down for the third straight month, government data cited by Kuwaiti News Agency showed
Tokyo: Kuwait’s crude oil exports to Japan fell 20.7 per cent in June from a year earlier to 6.02 million barrels, or 201,000 barrels per day (bpd), down for the third straight month, government data cited by Kuwaiti News Agency (Kuna) showed on Thursday.
As Japan’s fifth biggest oil provider, Kuwait supplied 6.7 per cent of the Asian nation’s total crude imports, the Japanese Natural Resources and Energy Agency said in a preliminary report.
Japan’s overall imports of crude oil declined 8.3 per cent year-on-year to 3.01 million bpd for the fourth consecutive monthly fall. Shipments from the Middle East accounted for 82.0 per cent of the total, down 2.9 percentage points from a year before.
Japan is the world’s third biggest oil consumer after the US and China.
