Japan's government has confirmed it was considering a release of crude oil from its strategic reserve in a marked departure from its initial reaction to U.S. President Joe Biden's idea of a concerted ...
Japan's demand for oil is truly monstrous. Even if domestic oil consumption has wound down slightly in the last four decades, this one island nation consumed a staggering 151.4 million metric tons of ...
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Japan buys oil from Russian sanctioned tanker
Japanese oil refiner Taiyo Oil takes delivery of a shipment of Russian crude oil on a tanker blacklisted by both the US Treasury Department and the European Union, Bloomberg reports. According to the ...
TOKYO, April 17 (Reuters) - Japanese oil refiners see no immediate impact from escalating tensions in the Middle East on their crude procurement, but will use the country's reserves in case of ...
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Japan should diversify oil sources but Canadian supply seen tough, industry association head says
TOKYO (Reuters) -Japanese oil refiners should consider diversifying supply sources as 95% of its crude imports come from the Middle East, but importing Canadian oil could be challenging due to its ...
TOKYO, Nov 20 (Reuters) - The head of Japan's oil industry body said on Monday he expects OPEC+ to extend its supply curbs after December to support oil prices. OPEC+, which groups the Organization of ...
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