Fuel Oil Price in Japan
The chart above illustrates Fuel Oil prices in Japan, in JPY/mt, from December 2024 to December 2025, 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.
Fuel Oil (LSFO), ind, JP prices were approximately 103,000 JPY per mt in December 2025. This marked a 1.5% decrease from the prior month, while showing a 1.1% increase year-over-year.
For Fuel Oil (LFO), hho, JP, the price in December 2025 stood at about 163,000 JPY per mt. This reflected a modest 0.3% decline month-over-month, alongside a 2.7% rise year-over-year.
Fuel Oil (LFO), whl, JP recorded a price of approximately 112,000 JPY per mt in December 2025. This constituted a 1.8% drop from the preceding month, while prices rose by 1.7% year-on-year.
The price for Fuel Oil (HFO), exp, JP was approximately 64,100 JPY per mt in December 2025, showing a 6% decrease from the previous month. Annually, prices for this grade decreased by 7.3%.
Recent data, updated on July 6th, 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
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Price Forecasts
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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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