Crude Oil Price in Japan
The chart above illustrates Crude Oil prices in Japan, in JPY/Bbl, from March 2024 to March 2025, as follows:
- Crude Oil (Sour), imp, JP: Crude Oil (sour), import spot, cif, Japan
Further information about price assessments covered can be found in the assessments guide.
As of March 2025, the price of Crude Oil (Sour), imp, JP was approximately 11,600 JPY per Bbl, reflecting an 8.1% decrease compared to the prior month's figure. Annually, the prices for Crude Oil (Sour), imp, JP saw a decline of 15%.
Recent data, updated on October 3rd, 2025, can be found in the Japan Energy Prices & Markets Report. Updated monthly, the report provides price assessments and market analyses for crude oil, encompassing production, demand and trade dynamics. It also covers other energy commodities in Japan, presenting price assessments and market analyses of production, demand, trade, and Japan's energy self-sufficiency.
Price Assessments Covered in the Report
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Current Prices
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Price Forecasts
View short-term Crude Oil price projections that help you anticipate market direction and make informed decisions.
Historical Prices
Explore historical Crude Oil price series over multiple timeframes to identify short-, medium-, and long-term trends.
Beyond Prices: Market Analyses Covered
Understand the broader energy dynamics shaping Japan's markets.
Production & Demand
Track energy production and consumption patterns to understand supply-demand dynamics across sectors.
Imports & Exports
Analyze energy trade flows and key trading partners to evaluate cross-border dependencies.
Energy Balance & Self-Sufficiency
Assess Japan's energy balance and self-reliance, identifying exposure to external supply sources.
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