Japan’s oil industry is at crossroads with the refining sector possibly facing the biggest reorganization in the last decade. The LNG spot market, meanwhile, is poised to experience even greater commoditization and liquidity. S&P Global Platts is uniquely placed to provide a robust price discovery mechanism for Japan's waterborne oil product and LNG markets, as Platts content head for Asia Sarah Cottle explains in this video.
Read our special report: Japan's oil and LNG price revolution on the path to transparency
Watch this video in Japanese: 岐路に立つ日本の石油製品、LNG価格メカニズム
- Why are pricing benchmarks so important?
- What are the key pricing trends for the physical and derivatives oil market?
- What's the importance of the Market-on-Close (MOC) principle in Platts' oil price discovery process?