Japan's Oil Imports Rose 11 Percent in November Compared to Year Earlier -- Not a Bakken Story

Link here.

• Japan's Natural Resources and Energy Agency (NREA) said the country’s imports of crude oil in November rose 10.8% from a year earlier to 122.09 million bbl.
• It also marked the first sequential increase in 2 months, officials said.
• Oil shipments from the Middle East accounted for 86.2% of Japan’s total imports.
• According to the US Energy Information Administration, Japan was the second-largest net importer of oil in the world after the US in 2009, having imported about 4.7 million b/d. 

Yup.