INSEAD Day 4 - 728x90

Economy, Energy

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

UAE secures 32% of Japan’s crude oil needs in April

Japan’s imports of crude oil from the UAE reached 28.08 million barrels in April 2022. (Representative pic)
By TRENDS Desk
June 8, 2022 10:52 am
  • The Agency for Natural Resources and Energy in Tokyo.reported that the amount of crude oil that Japan imported during that month amounted to 87.59 million barrels
  • Ninety three percent of this originated from seven Arab countries: UAE, Saudi Arabia, Bahrain, Qatar, Kuwait, Oman and Algeria

Japan’s imports of crude oil from the UAE reached 28.08 million barrels in April 2022, according to data from the Agency for Natural Resources and Energy in Tokyo.

The agency, part of the Japanese Ministry of Economy, Trade and Industry, reported that the amount of crude oil that Japan imported during that month amounted to 87.59 million barrels.  Ninety three percent of this  (82.2 million barrels), originated from seven Arab countries: UAE, Saudi Arabia, Bahrain, Qatar, Kuwait, Oman and Algeria.

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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