No apparent impact on oil shipment due to Japan’s crisis

According to Africa Reuters, the recent turmoil in Japan didn’t affect he shipment of crude oil to the country.

 

In the recent tsunami attack on Japan, more than 30% of its oil refineries’ capability or 1.4 million of oil barrels per day were shut down. Nonetheless, it could be that some refineries will return to work next week.

 

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For more on this subject:

• The rise and fall of oil prices – Weekly recap 7-11 March
• Oil prices forecast – 16 March