Tokyo, May 27 (Jiji Press)--Ocean cargo shipping prices in Japan rose to another record in April as the war in Iran drove up fuel costs, the Bank of Japan said Wednesday. Crude tanker rates soared as the de facto closure of the Strait of Hormuz, a strategic artery for global

Tokyo, May 25 (Jiji Press)--An Idemitsu Tanker Co. crude oil tanker entered the Ise Bay in central Japan on Monday morning, becoming the first oil tanker to arrive in the country…

Tokyo, May 27 (Jiji Press)--Ocean cargo shipping prices in Japan rose to another record in April as the war in Iran drove up fuel costs, the Bank of Japan said Wednesday. Crude…

Country suffers heaviest fallout among top importers of crude and naphtha

Tokyo, May 29 (Jiji Press)--Japan's crude oil imports in April plunged 65.7 pct from a year earlier to 4.07 million kiloliters, the lowest level since such data were first…

Japan’s crude oil imports fell 66% in April to ~850,000 bpd, hitting a record low as the Iran war and Strait of Hormuz closure cut off Middle East supply.