Crude oil price per barrel of oil Japan FY 2014-2023

Published by
Catharina Klein,
Jan 30, 2025

In the fiscal year 2023, the price of crude oil per barrel of oil in Japan amounted to around 86.28 U.S. dollars. The price decreased compared to about 102.26 dollars in the previous fiscal year.

Price of crude oil per barrel of oil in Japan from fiscal year 2014 to 2023 (in U.S. dollars)

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Release date

November 2024

Region

Japan

Survey time period

fiscal year 2014 to 2023; the fiscal year in Japan starts on April 1st and ends on March 31st of the following year

Supplementary notes

Domestic sales price average of crude oil referring to crude oil (CIF) price and its conversion exchange rate.

100 Japanese yen equal 0.64 U.S. dollars or 0.62 euros as of January 2025.

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