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The Economic Times
The Economic Times
Business

Asia's crude oil imports tick up in June but uncertainty reigns

LAUNCESTON, Australia: Asia's seaborne imports of crude oil lifted slightly in June but stayed near their ​lowest in more than a decade as the impact of ​Iran conflict crimped shipments from the Middle East.

The top importing region is forecast to receive 20.71 million barrels per day (bpd) in June, ​up fractionally from May's 20.39 million bpd and nearly 2 million bpd more than the 18.77 million bpd in April, which was the lowest since November 2015, data from commodity analysts Kpler shows.

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