Thanks to its large refining capacity for gasoline, Japan's imports of crude oil are concentrated among medium and heavy crude oil, so that the rise in the overall price of crude oil imported to Japan is relatively small.
In addition, considering factors such as the consumption of oil per unit of real GDP, which is about 70 percent of that of the United States, as well as the highly efficient utilization of energy resources in Japan, the direct impact of crude oil prices is not expected to be particularly large for the time being.