Japan’s Oil Imports From Iran Fall 32.7% in February

(Corrects headline to say Iran.)

Japan’s crude oil imports from Iran fell 32.7 percent from a year ago to 1.41 million kiloliters in February, according to data from the Ministry of Economy, Trade and Industry.

This compares with total oil purchases that rose 2.7 percent to 17.76 million kiloliters in the month, according to figures released today by METI. Oil product sales rose 7.3 percent to 18.7 million kiloliters, while exports fell 36 percent to 1.56 million kiloliters, the data showed. Fuel imports gained 14 percent to 3.44 million kiloliters.

To contact the reporter on this story: Yuji Okada in Tokyo at yokada6@bloomberg.net

To contact the editor responsible for this story: Mike Anderson at manderson34@bloomberg.net

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