Latest trade data shows naphtha imports fell sharply, while trebling from India

Latest trade data shows naphtha imports fell sharply, while trebling from India

Country suffers heaviest fallout among top importers of crude and naphtha

Tokyo, May 29 (Jiji Press)--Japan's crude oil imports in April plunged 65.7 pct from a year earlier to 4.07 million kiloliters, the lowest level since such data were first…

Japan’s crude oil imports fell 66% in April to ~850,000 bpd, hitting a record low as the Iran war and Strait of Hormuz closure cut off Middle East supply.

Amid the supply disruption in the Middle East, Japan’s crude oil imports crashed by 66% in April from the same month last year, official Japanese data showed on Friday.