Petroleum statistics preliminary: Crude oil imports down 65.7% in May, Middle East dependence remains at 87.6%.

August 29, 2026 / Surveys and Statistics

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According to preliminary petroleum statistics for April released by the Agency for Natural Resources and Energy on May 29, crude oil imports totaled 407 million kiloliters (down 65.7% year-on-year), falling below the previous year's figures for the second consecutive month.

20260529sekiyu - Petroleum Statistics Bulletin / Crude oil imports down 65.7% in April, Middle East dependence at 87.6%

Table showing trends in crude oil imports and dependence on the Middle East.

The countries from which imports are, in descending order of volume, Saudi Arabia (182 million kl, down 57.7%), the United Arab Emirates (165 million kl, down 69.4%), the United States (31 kl, down 32.6%), Ecuador (10 kl, down 42.5%), and Oman (7 kl, down 51.5%).

The dependence on the Middle East was 87.6%, a decrease of 6.1 percentage points compared to the same month last year, marking the ninth consecutive month of decline.

Fuel oil production fell to 993 million kiloliters (down 11.4%), marking the second consecutive month of declines compared to the previous year. Broken down by fuel type, kerosene production increased compared to the same month last year, but gasoline, naphtha, jet fuel, diesel fuel, and heavy fuel oil A and B/C all fell below the previous year's levels.

Fuel oil inventories fell to 828 million kiloliters (down 9.7%), marking the second consecutive month of declines compared to the previous year. By fuel type, gasoline and jet fuel inventories were higher than the same month last year, but naphtha, kerosene, diesel fuel, and heavy fuel oil A and B/C were lower than the same month last year.

Petroleum statistics preliminary: Crude oil imports down 7.9% in May, Middle East dependence remains at 95.1%.

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