JAPAN'S OIL STOCKS UP 28%
PLATTS - Crude oil stocks held by Saudi Arabia and Abu Dhabi in Japan surged 28% month on month to about 9 million barrels at the end of November after Saudi Aramco discharged a crude cargo at its leased oil storage terminal in Okinawa in the southwest.
The crude stocks held by Saudi Arabia and Abu Dhabi were 1.41 million kiloliters, or 8.87 million barrels, at the end of November, equating to four days of Japanese oil consumption, up from 1.1 million kiloliters a month earlier, according to data released Wednesday by the Ministry of Economy, Trade and Industry.
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