Japan imported just 2.451mn b/d of crude from Opec countries for January-May 2019, down 12% year-on-year. Opec’s May market share of 76.3% is a record low (since at least 2007).
However volumes from the Middle East, at 2.835mn b/d for January-May, are actually up fractionally year-on-year, though May’s 2.655mn b/d was the lowest so far this year. (CONTINUED - 218 WORDS)
