Saudi Arabia tightens its grip on Japan, its biggest Asian oil market

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Saudi Arabia tightens its grip on Japan, its biggest Asian oil market
05 July 2017, Singapore/Tokyo — Saudi Arabia has boosted its market share in Japan, the world’s top oil exporter’s biggest Asian market, by selling more light crude to the country as a way to offset revenue lost implementing OPEC’s production cuts. The Middle East crude sellers consider Japan, the world’s fourth-largest oil importer, a premium […] More »
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