Tag - oil

 
 

OIL

Japan Times
BUSINESS
Mar 23, 2022
Russian oil seeps into global market to ease supply fears for now
For now, traders appear to be taking the view that the flow of Russian oil indicates that the market won't be as tight as first thought.
Japan Times
WORLD / ANALYSIS
Mar 22, 2022
Ukraine crisis forces world to confront its oil and gas addiction
France aims to end the use of oil to heat buildings by 2030, boosting subsidies to make choosing heat pumps or biomass boilers a more affordable option.
BUSINESS / Economy
Mar 22, 2022
Kishida aide says stimulus must be considered soon
'The surge in oil prices and food prices means that an economic package is essential at some point,' Deputy Chief Cabinet Secretary Seiji Kihara has said.
Japan Times
COMMENTARY / World
Mar 20, 2022
Why the Saudis won’t pump more oil
Saudi and Emirati leaders have reportedly been declining U.S. President Joe Biden's calls to produce more oil in the wake of the U.S. ban on Russian imports.
Japan Times
COMMENTARY / World
Mar 20, 2022
Saudi Arabia’s oil-for-yuan bid won’t threaten the dollar
In an increasingly divided world, it makes sense to look for a good alternative to the greenback. Now is not that time.
Japan Times
BUSINESS
Mar 18, 2022
Oil climbs near $104 after jumping on doubts over peace talks
Crude rallied after the Kremlin said a report of major progress in negotiations over Ukraine was 'wrong,” but that discussions will continue.
Japan Times
BUSINESS
Mar 17, 2022
Russia-linked oil cargoes rush to U.S. before ban starts
Washington's ban gives petroleum importers until April 22 to discharge cargoes moving under pre-ban contracts.
Japan Times
BUSINESS / Economy
Mar 17, 2022
As costs rise in Japan, even businesses accustomed to deflation are raising prices
On top of changing ingredients or reducing portion sizes, firms have implemented unusual price hikes to goods such as cooking oil, snacks and popular instant noodle brands.
Japan Times
BUSINESS
Mar 15, 2022
Drillers awaken in Canada as war leaves world begging for oil
For years, the country's drillers have been in slumber. But as oil soared above $100 a barrel, the industry began to stir as the potential windfall became irresistible for some.
BUSINESS / Economy
Mar 15, 2022
Bank of Japan chief risks hitting inflation goal in a way he doesn’t want
Economists are predicting core consumer prices will rise at a pace of 2% or more this year as surging energy prices, a weakening yen and stabilizing phone charges feed inflation.
Japan Times
BUSINESS / Markets
Mar 14, 2022
Oil resumes decline as Iran, Russia and Fed jostle for limelight
Oil resumed its decline after Iran carried out a missile strike in Iraq following the suspension of nuclear talks.
Japan Times
BUSINESS / FOCUS
Mar 12, 2022
A new world energy order is emerging from Putin’s war on Ukraine
Russian President Vladimir Putin's invasion of Ukraine is forcing governments worldwide to digest the geopolitical consequences of war pursued by an energy superpower.
Japan Times
BUSINESS
Mar 11, 2022
An oil shock is coming, but U.S. may have already paid for it
U.S. consumers may get gouged at the gas pump but will likely be able to maintain much of their expected spending on other items due to savings accumulated from pandemic spending programs.
Japan Times
BUSINESS
Mar 11, 2022
Oil’s sizzling rally takes a breather after tumultuous week
The fallout from the war against Ukraine has rippled through commodity markets from wheat to key fuels such as gasoline and diesel, increasing inflationary pressure around the world.
Japan Times
BUSINESS / Economy
Mar 10, 2022
Japan wholesale prices rose at record pace even before war in Ukraine
The latest data suggests inflationary pressures were building even before war in Ukraine triggered a broad surge in commodity prices.
Japan Times
WORLD
Mar 10, 2022
EU to phase out Russian energy, but won't offer Ukraine fast-track membership
Leaders of the 27-nation bloc are to meet in Versailles, France, on Thursday and Friday, as Russia's war against Ukraine enters its third week.
Japan Times
BUSINESS
Mar 10, 2022
UAE says OPEC+ should boost oil output, setting up tension in the group
According to a person familiar with the situation, the UAE hadn't consulted other OPEC+ members before its ambassador to Washington made his statement.
Japan Times
BUSINESS
Mar 9, 2022
Future turns dark for Russia’s oil industry
With short-term turmoil for the Russian oil industry a given at this point, the long-term future of an industry which bankrolls a large portion of the government budget has turned cloudy.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.