Fuel Oil Price in Japan
The chart above illustrates Fuel Oil prices in Japan, in JPY/mt, from January 2025 to January 2026, as follows:
- Fuel Oil (LSFO), ind, JP: Fuel Oil (LSFO), industrial sector spot, dpu, Japan
- Fuel Oil (LFO), hho, JP: Fuel Oil (light), household, Japan
- Fuel Oil (LFO), whl, JP: Fuel Oil (light), wholesale spot, fca, Japan
- Fuel Oil (HFO), exp, JP: Fuel Oil (heavy), export transaction, fob, Japan
Further information about price assessments covered can be found in the assessments guide.
For Fuel Oil (LSFO), ind, JP, the price in January 2026 was approximately 102,000 JPY per mt. This figure reflects a 1.3% decrease from the prior month, and a 3.8% decline year-over-year.
Fuel Oil (LFO), hho, JP registered a price of about 162,000 JPY per mt in January 2026. This marked a 0.9% reduction from the previous month and a 2.5% decrease when compared to the same month last year.
The price of Fuel Oil (LFO), whl, JP in January 2026 stood at approximately 110,000 JPY per mt. This represented a 2.2% drop from the month before, and a 4.5% year-over-year decline.
Regarding Fuel Oil (HFO), exp, JP, its price was around 55,500 JPY per mt in January 2026. This figure indicated a 13.5% decrease compared to the preceding month, and a substantial 25.6% reduction year-over-year.
Recent data, updated on September 3rd, 2026, can be found in the Japan Energy Prices & Markets Report. Updated monthly, the report provides price assessments and market analyses for Fuel Oil and other oil products, encompassing domestic supply 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
Access timely and reliable Fuel Oil price assessments — updated every month and backed by consistent methodologies.
Current Prices
Access up-to-date Fuel Oil price assessments released at the beginning of each month, providing consolidated and relevant market data.
Price Forecasts
View short-term Fuel Oil price projections that help you anticipate market direction and make informed decisions.
Historical Prices
Explore historical Fuel 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 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.
Intratec Energy Prices & Markets
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12 Energy Commodities
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