Welcome to in-en.com! AddFavorite    Make your home page    Chinese    English
 
Search:
 
Advertisement
Total
Greatwall Drilling Company (GWDC)
Weekly Article Rank
Home -> News Center -> Oil
Japan's Oil Imports Fall for First Time in 9 Months
in-en.com  2008-7-24 10:01:54  

- +

Japan's crude oil imports fell for the first time in nine months as record prices cut gasoline and aviation fuel demand in the world's third-largest oil consumer.

Japan purchased 18.5 million kiloliters, about 3.8 million barrels a day, of oil last month, down 0.7 percent from a year earlier, according to a Ministry of Finance trade report released in Tokyo today. The oil import bill grew 55 percent to 1.49 trillion yen ($13.8 billion) as crude oil prices hovered near all-time highs.

Japan's automotive fuel demand fell by as much as 6 percent over the past year, Akihiko Tembo, chairman of the Petroleum Association of Japan, said yesterday, outstripping his original forecast of about 2 percent.

Crude oil prices in New York climbed 69 percent in the past 12 months, sending local retail gasoline prices to record levels.

Liquefied natural gas imports rose 6.7 percent last month to 5.68 million metric tons, according to the trade report. Coal imports totaled 17.5 million tons, a 25 percent increase from June last year.

In the six months through June 30, Japan's oil imports rose 5.7 percent to 122.9 million kiloliters, while LNG imports increased 6.2 percent to 34.7 million tons, the report shows.


 
Author:Bloomberg  From:Bloomberg  Edit:steven
[Back] [Print]
Previous:HyOil, the Top Choice of Alternative Energy
Next:BHP Says Coal Ship Loading Remains Halted at Hay Point on Winds
Hot Topic of the Day
· Russian steel maker Severstal eyes U.S. coal asset
· Give us clearer rules, Indonesia coal sector says
· Australian coal price to stay strong despite pullb
· Alternative Energy Suppliers Push For Place In Mic
· Woodside Petroleum Shares Rise on Oil Price, BG Gr
· Pakistan Raises Domestic Fuel Prices by 15ге on Hig
· China's Coal Stockpiles Decline 8ге Over Two Weeks
· Crude closes below $130 on economic worries
· China May Face Worse-Than-Expected Power Shortage
· Indonesia Can Cope With a 21ге Increase in Oil Pric
Advanced Control Systems
 
Commend Article Rank
· Newcastle Coal Price Falls to 9-Week Low on Holida
· CTL plants proliferate as China taps vast coal res
· Coal, iron ore shipping rates rise to record for a
· Eskom Says South African Power Outages Will Worsen
· Newcastle Coal Price Reaches Record for Fifth Week
· Goldman Raises Coking Coal Price Forecast on Deman
· Exxon Project May Lead Australian Region LNG, JPMo
· Prudential Buys Stake in U.K. Wind Power Owner Zep
· China to build Asia's largest coal chemical base t
· China Raises Coal Prices for South Korea Above Jap
About us | Contact | Copyright © 2007 IN-en.com. All rights reserved.