Arab countries responsible for 96.3% of Japan’s oil imports in June

The Saudi contribution was 25.82 million barrels, representing 41.3 percent of the total. (File)
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Updated 01 August 2024
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Arab countries responsible for 96.3% of Japan’s oil imports in June

  • Saudi Arabia and the UAE dominated Japan’s imports
  • Kuwait contributed 5.21 million barrels (8.3 percent)

TOKYO: Japan imported 62.54 million barrels of oil in June, of which the Arab share was 96.3 percent or 60.26 million barrels, according to figures released by the Agency of Natural Resources and Energy of Japan’s Ministry of Economy, Trade, and Industry.
Saudi Arabia and the UAE dominated Japan’s imports. The Saudi contribution was 25.82 million barrels, representing 41.3 percent of the total, while the UAE supplied almost the same percentage with 25.84 million barrels.
Five Arab countries – the UAE, Saudi Arabia, Kuwait, Qatar, Oman – as well as the Neutral Zone, made up most of the imports, underscoring the strategic importance of these nations in Japan’s energy security.
Kuwait contributed 5.21 million barrels (8.3 percent), followed by Qatar at 2.44 million barrels (3.9 percent). Oman supplied about half a million barrels or 0.8 percent of the total imports while the Neutral Zone’s share amounted to 0.7 percent.
With Japan continuing its ban on importing oil from Iran and Russia in June, the rest of the country’s oil imports were sourced from the United States (1.4 percent), Central and South America (1.6 percent), Southeast Asia (0.5 percent) and Oceania (0.2 percent).


Closing Bell: Saudi main index closes in red at 11,183

Updated 16 February 2026
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Closing Bell: Saudi main index closes in red at 11,183

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Monday, losing 44.79 points, or 0.4 percent, to close at 11,183.85.

The total trading turnover of the benchmark index was SR4.05 billion ($1.08 billion), as 69 of the listed stocks advanced, while 191 retreated.

The MSCI Tadawul Index decreased, down 6.63 points or 0.44 percent, to close at 1,504.73.

The Kingdom’s parallel market Nomu lost 328.20 points, or 1.36 percent, to close at 23,764.92. This comes as 22 of the listed stocks advanced, while 49 retreated.

The best-performing stock was Maharah Human Resources Co., with its share price surging by 7.26 percent to SR6.50.

Other top performers included Arabian Cement Co., which saw its share price rise by 6.27 percent to SR22.71, and Saudi Research and Media Group, which saw a 4.3 percent increase to SR104.30.

On the downside, the worst performer of the day was Arabian Internet and Communications Services Co., whose share price fell by 8.01 percent to SR207.80.

Jahez International Co. for Information System Technology and Al-Rajhi Co. for Cooperative Insurance also saw declines, with their shares dropping by 5.61 percent and 4.46 percent to SR12.79 and SR75, respectively.

On the announcement front, Etihad Etisalat Co. announced its financial results for 2025 with a 7.9 percent year-on-year growth in its revenues, to reach SR19.6 billion.

In a Tadawul statement, Mobily said that this growth is attributed to “the expansion of all revenue streams, with a healthy growth in the overall subscriber base.”

Mobily delivered an 11.6 percent increase in net profit, reaching SR3.4 billion in 2025 compared to SR3.1 billion in 2024.

The company’s share price reached SR67.85, marking a 0.37 percent increase on the main market.