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Global Oil Markets Podcasts

Japan looks beyond the Middle East for crude oil requirements

September 25, 2015 (4:14 mins)



Japan buys bulk of its crude oil requirements from the Middle East. This year, however, the North Asian country has been importing record volumes from Kazakhstan. In this podcast, Platts senior editors Takeo Kumagai and Sambit Mohanty analyze how the narrowing of the Brent/Dubai spread has affected Japan's crude oil buying activities and the volume of imports the country may buy by end-2015, as well as other unconventional sources for Japan-bound crude.


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