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July 05, 2025
 

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OIL PRICES

Japan Times
COMMENTARY / World
Mar 16, 2020
Egos and U.S. fracking trigger Russia-Saudi oil price war
The fight between Russia and Saudi Arabia looks like a personal struggle between the leaders of the two countries as well as a broadside at the U.S. fracking industry.
Japan Times
BUSINESS / Economy
Oct 15, 2018
'Winter is coming': IMF talks in Bali point to tremors rattling world economy
Woken one night by a 6.4 magnitude earthquake at the IMF annual meetings in Bali, global finance chiefs spent the week assessing the tremors now rippling through the world economy.
BUSINESS / ANALYSIS
May 18, 2018
Asia urged to reduce pricey oil dependency as crude hits $80
The cost of Asia's growing thirst for oil will surpass $1 trillion this year, about twice as much as in 2015 and 2016, as oil prices touch $80 per barrel and continental demand hits a record.
Japan Times
BUSINESS / Markets
Feb 2, 2018
Big U.S. banks accept OPEC was right as they embrace oil near $80
Wall Street's biggest banks have changed sides and are embracing a surge in oil prices.
BUSINESS
Dec 27, 2017
Attackers blow up Libyan crude pipeline, cutting output by 90,000 barrels per day and sending prices up
Armed men blew up a Libyan pipeline pumping crude oil to Es Sider port on Tuesday, reducing the North African country's output by around 90,000 barrels a day, military and oil sources said.
Japan Times
COMMENTARY / World
Feb 2, 2016
Brace for the coming wave of oil-crunch refugees
Oil wealth can be both a blessing and a curse.
COMMENTARY / World
Jan 20, 2016
Petroleum's plunge is great news for most of us
The initial shock from the oil collapse might be negative, but it will be outweighed by the positive effects before too long.
BUSINESS / Markets
Jan 14, 2016
Stocks tumble in Tokyo, largely erasing Wednesday's rebound
Shares fell in Tokyo on Thursday, cutting short Wednesday's rebound, after U.S. stocks tumbled amid declining oil prices and continued anxiety over Chinese growth.
Japan Times
BUSINESS
Mar 27, 2015
Oil leaps 5%, most in a month, on Saudi-led airstrikes in Yemen
Oil jumped about 5 percent on Thursday, the biggest daily gain in a month, as airstrikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears that escalation of the Middle East battle could disrupt world crude supplies.
BUSINESS
Feb 17, 2015
Crude oil trades near two-month high as drilling slows in U.S., Libya pipeline fire slows flow
Oil traded at an almost two-month high in London amid speculation that a slowdown in U.S. drilling may curb production.
BUSINESS / Companies
Feb 4, 2015
JX Holdings forecasts first full-year loss after crude oil slump
JX Holdings Inc., which gets about 85 percent of its revenue from refining, is forecasting that it will swing to an annual loss of ¥275 billion, after the slump in crude oil led to lower prices for gasoline and other petroleum products.
COMMENTARY / Japan
Jan 27, 2015
An opportunity for East Asia in plunging oil prices
Plunging oil prices present a significant opportunity for most of the region's developing countries to strengthen the competitiveness of their economies and take advantage of the ongoing global recovery.
EDITORIALS
Jan 26, 2015
Making the most of cheaper oil
The steep fall in crude oil prices has certainly benefited consumers, but Japan needs to develop a wise energy policy that shields it from the vagaries of oil-price fluctuations over the long term.
Japan Times
COMMENTARY / World
Jan 2, 2015
This round of low-cost oil differs from before
The world is experiencing much more than a temporary dip in oil prices. A change in the supply model marks a fundamental shift that will likely have long-lasting effects.
BUSINESS / Economy
Dec 15, 2014
BOJ rejects fresh stimulus to offset cheap oil's affect on inflation, sources say
The Bank of Japan rejects the idea that additional monetary stimulus is needed to prevent a recent decline in oil prices from pulling down inflation, according to sources familiar with the discussions.
Japan Times
COMMENTARY / World
Dec 8, 2014
Putin struggles with oil prices and sanctions
Russian President Vladimir Putin doesn't appear to have any kind of short-term or medium-term plan for Russia's economy that's compatible with the dual impacts of falling oil prices and sanctions.
BUSINESS / Markets
Dec 4, 2014
Dow hits record as energy rises for third straight day
U.S. stocks rose modestly on Wednesday as energy-related shares rose for a third straight session and data pointed to improving conditions in the U.S. services sector, which makes up a majority of the economy.
BUSINESS / Economy
Dec 1, 2014
Failing oil prices force rethink of 2015 budget, Iraq says
Falling oil prices have forced Iraq to scrap the draft 2015 budget it planned to present to parliament on Sunday, Prime Minister Haidar al-Abadi told lawmakers.
Japan Times
BUSINESS / Economy / ANALYSIS
Nov 28, 2014
Crude oil slide thorn in BOJ's side
When a country imports almost all its energy, a slide in oil prices to a four-year low should be helpful — cutting costs for companies and households. For Japan, it may not be so simple.
EDITORIALS
Oct 20, 2014
Oil-price dip is no panacea
Falling oil prices — to below $80 a barrel a few weeks ago — indicate that concern over faltering demand because of weakness in the global economy trumps the usual market reponse to turmoil in the Middle East.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Japan to require flight passengers to keep power banks within sight
The transport ministry has announced new regulations requiring flight passengers to keep power banks within sight to mitigate fire risks while on board planes.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Residents of Tokara Islands begin evacuation as seismic swarm continues
Details about evacuations from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecture, is seen written on a whiteboard in the city of Kagoshima on Thursday.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

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