Japan's demand for oil is truly monstrous. Even if domestic oil consumption has wound down slightly in the last four decades, this one island nation consumed a staggering 151.4 million metric tons of ...

Japan has begun purchasing Russian crude oil above the $60-a-barrel cap, breaking with Western allies thanks to an exception authorized by the United States. As many European nations weaned themselves ...

TOKYO (Reuters) -Japanese oil refiners should consider diversifying supply sources as 95% of its crude imports come from the Middle East, but importing Canadian oil could be challenging due to its ...

Japan's government has confirmed it was considering a release of crude oil from its strategic reserve in a marked departure from its initial reaction to U.S. President Joe Biden's idea of a concerted ...