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Economy, Energy

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UAE meets 42% of Japan’s crude oil needs in July

The UAE secured 42 percent of Japan's crude oil needs in July. AFP/File
By TRENDS Desk
September 7, 2022 9:27 am
  • Japan imported 81.05 million barrels of crude during July, of which 79.17 million barrels, or 97.17 percent, came from Arab countries
  • Saudi Arabia contributed 28.47 million barrels, which is 35.1 percent of the Japanese crude needs

The UAE secured 42 percent of Japan’s crude oil needs in July, which is equal to 33.99 million barrels, according to the Agency for Natural Resources and Energy in Tokyo.

The agency, part of the Japanese Ministry of Economy, Trade and Industry, stated that Japan imported 81.05 million barrels of crude during July, of which 79.17 million barrels, or 97.17 percent, came from Arab countries.

Saudi Arabia came second, meeting 35.1 percent of the Japanese crude needs, or 28.47 million barrels.

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