Japan’s April crude imports drop 15.4% on year

摘要

Tokyo—Japan imported 15.846 million kiloliters (3.32 million b/d) of crude oil on a delivered basis in April, down 15.4% from 18.729 million kl a year earlier, preliminary figures released Wednesday by the Ministry of Finance showed. The April imports fell 24.2% from 20.91 million kl imported in March. Japan’s CIF crude import price rose 5% from Yen 67,120/kl a year ago to Yen 70,489/kiloliter ($109.45/ barrel) in April, according to MOF data. But the April CIF crude import price slipped 0.5% from Yen 70,843/kl in March, MOF data showed. The dollar averaged Yen 102.39 in April, compared with Yen 102.30 in March and Yen 95.9 in April 2013.