Fuel Oil Price and Supply Fluctuation Risk
First written in FY2016. 21 of 37 entries say "Worsened", first in FY2018-Q1. Latest entry: 2026-08-05.
Nippon Yusen moved to the "Worse" side of this theme in 2016, 5 years before the typical company in this theme (2021).
The whole theme swung hardest in 2018: 5 of 8 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- 2026-08-05WorsenedRevision to earnings forecasts
「平均消費燃料価格 US$578.60/MT US$722.71/MT US$144.11」
平均消費燃料価格が前年同期比144.11US$/MT上昇し、燃料価格環境が悪化した。ホルムズ海峡封鎖による需給逼迫や燃料価格上昇も記載されている。 - FY2026MitigatedAnnual report
「Average fuel price US$618.78/MT US$539.11/MT △US$79.67」
The average fuel price fell by US$79.67/MT from the previous fiscal year. Measures including diversification of fuel sourcing regions, fuel surcharges, derivatives transactions and reduced fuel consumption are also described. - 2026-05-11MitigatedEarnings
「平均消費燃料価格 US$618.78/MT US$539.11/MT △US$79.67」
年度平均消費燃料価格は前年度から79.67US$/MT低下した。 - FY2026-H1MitigatedAnnual report
「Average fuel oil price US$631.85/MT US$568.27/MT △US$63.58」
The average fuel oil price fell by US$63.58/MT from the previous interim period. Measures including diversification of fuel sourcing regions, fuel surcharges, derivatives transactions and reduced fuel consumption are also described. - FY2025MitigatedAnnual report
「Average fuel oil price US$620.83/MT US$618.78/MT US$2.05 lower」
The annual average fuel oil price fell by US$2.05/MT from the previous fiscal year, and the fuel price environment eased slightly from the previous year. - FY2025-H1WorsenedAnnual report
「Average fuel oil price US$604.38/MT US$631.85/MT US$27.47 higher」
The average fuel oil price rose by US$27.47/MT from the previous interim period, worsening the fuel price environment. - FY2024MitigatedAnnual report
「Average fuel oil price US$760.72/MT US$620.83/MT US$139.89 lower」
The average fuel oil price fell by US$139.89/MT from the previous fiscal year, and the fuel price environment eased from the previous year. - FY2024-Q3MitigatedAnnual report
「Average fuel oil price US$801.46/MT US$617.70/MT US$183.77 lower」
The average fuel oil price fell by US$183.77/MT year on year, and the fuel price environment eased from the year-earlier period. - FY2024-Q2MitigatedAnnual report
「Average fuel oil price US$839.95/MT US$604.38/MT US$235.57 lower」
The average fuel oil price fell by US$235.57/MT year on year, and the fuel price environment eased from the year-earlier period. - FY2024-Q1MitigatedAnnual report
「Average fuel oil price US$789.48/MT US$611.22/MT US$178.26 lower」
The average fuel oil price fell by US$178.26/MT year on year, and the fuel price environment in the quarter eased from the year-earlier period. - FY2023WorsenedAnnual report
「Average fuel oil price US$531.19/MT US$760.72/MT US$229.53 higher」
The average fuel oil price rose by US$229.53/MT from the previous fiscal year, significantly worsening the fuel price environment. - FY2023-Q3WorsenedAnnual report
「Average fuel oil price US$504.05/MT US$801.46/MT US$297.41 higher」
The average fuel oil price rose by US$297.41/MT year on year, significantly worsening the fuel price environment. - FY2023-Q2WorsenedAnnual report
「Average fuel oil price US$477.42/MT US$839.95/MT US$362.53 higher」
The average fuel oil price rose by US$362.53/MT year on year, significantly worsening the fuel price environment. - FY2023-Q1WorsenedAnnual report
「Average fuel oil price US$441.92/MT US$789.48/MT US$347.56 higher」
The average fuel oil price rose by US$347.56/MT year on year, significantly worsening the fuel price environment. - FY2022WorsenedAnnual report
「Average fuel oil price US$362.95/MT US$531.19/MT US$168.25 higher」
The average fuel oil price rose by US$168.25/MT from the previous fiscal year, significantly worsening the fuel price environment. - FY2022-Q3WorsenedAnnual report
「Average fuel oil price US$362.57/MT US$504.05/MT US$141.48 higher」
The average fuel oil price rose by US$141.48/MT year on year, significantly worsening the fuel price environment. - FY2022-Q2WorsenedAnnual report
「Average fuel oil price US$379.90/MT US$477.42/MT US$97.52 higher」
The average fuel oil price rose by US$97.52/MT year on year, worsening the fuel price environment. - FY2022-Q1Decline in fuel pricesAnnual report
「Average fuel oil price US$452.83/MT US$441.92/MT US$10.92 lower」
The average fuel oil price fell by US$10.92/MT year on year. - FY2021Decline in fuel pricesAnnual report
「Average fuel oil price US$454.97/MT US$362.95/MT US$92.03 lower」
The average fuel oil price fell by US$92.03/MT year on year. - FY2021-Q3Decline in fuel pricesAnnual report
「Average fuel oil price US$433.29/MT US$362.57/MT US$70.73 lower」
The average fuel oil price fell by US$70.73/MT year on year, and fuel price fluctuations are reflected in the cost environment. - FY2021-Q2Decline in fuel pricesAnnual report
「Average consumed fuel oil price US$436.54/MT US$379.90/MT US$56.64 Lower」
The average consumed fuel oil price decreased by US$56.64/MT year on year. Fluctuations in fuel prices are reflected in the cost environment. - FY2021-Q1WorsenedAnnual report
「Average consumed fuel oil price US$438.21/MT US$452.83/MT US$14.62 Higher」
The average consumed fuel oil price increased by US$14.62/MT year on year, worsening the fuel price environment. - FY2020WorsenedAnnual report
「Average consumed fuel oil price US$442.49/MT US$454.97/MT US$12.48 Higher」
The average consumed fuel oil price increased by US$12.48/MT year on year, worsening the fuel price environment. The transition to compliant low-sulfur fuel is also noted as a factor behind the price increase. - FY2020-Q3Slight decline in fuel pricesAnnual report
「Average consumed fuel oil price US$439.40/MT US$433.29/MT US$6.11 Lower」
The average consumed fuel oil price decreased by US$6.11/MT year on year. Fluctuations in fuel prices are reflected in the cost environment. - FY2020-Q2WorsenedAnnual report
「Average consumed fuel oil price US$419.65/MT US$436.54/MT US$16.89 Higher」
The average consumed fuel oil price increased by US$16.89/MT year on year, worsening the fuel price environment. - FY2020-Q1WorsenedAnnual report
「Average consumed fuel oil price US$395.94/MT US$438.21/MT US$42.27 Higher」
The average consumed fuel oil price increased by US$42.27/MT year on year, worsening the fuel price environment. - FY2019WorsenedAnnual report
「Average consumed fuel oil price US$341.41/MT US$442.49/MT US$101.09 Higher」
The average consumed fuel oil price increased by US$101.09/MT year on year, worsening the fuel price environment compared with the previous fiscal year. - FY2019-Q3WorsenedAnnual report
「Average consumed fuel oil price US$327.60/MT US$439.40/MT US$111.80 Higher」
The average consumed fuel oil price increased by US$111.80/MT year on year, with the magnitude of the increase expanding compared with the previous quarter. - FY2019-Q2WorsenedAnnual report
「Average consumed fuel oil price US$321.52/MT US$419.65/MT US$98.13 Higher」
The average consumed fuel oil price increased by US$98.13/MT year on year, worsening the fuel price environment. - FY2019-Q1WorsenedAnnual report
「Average consumed fuel oil price US$326.72/MT US$395.94/MT US$69.22 Higher」
The average consumed fuel oil price increased by US$69.22/MT year on year, worsening the fuel price environment. - FY2018WorsenedAnnual report
「Average consumed fuel oil price US$253.75/MT US$341.41/MT US$87.66 Higher」
The average consumed fuel oil price increased by US$87.66/MT year on year. The possibility of a significant increase in fuel and capital expenditure costs associated with the low-sulfur fuel regulations introduced in 2020 is also noted. - FY2018-Q3WorsenedAnnual report
「Average consumed fuel oil price US$234.02/MT US$327.60/MT US$93.58 Higher」
The average consumed fuel oil price increased by US$93.58/MT year on year, worsening the fuel price environment. - FY2018-Q2WorsenedAnnual report
「Average consumed fuel oil price US$215.67/MT US$321.52/MT US$105.85 Higher」
The average consumed fuel oil price increased by US$105.85/MT year on year, worsening the fuel price environment. - FY2018-Q1WorsenedAnnual report
「Average consumed fuel oil price US$192.62/MT US$326.72/MT US$134.10 Higher」
The average consumed fuel oil price increased by US$134.10/MT year on year, worsening the fuel price environment. - FY2017MaterialisedAnnual report
「Average consumed fuel oil price US$298.66/MT US$253.75/MT US$44.91 Lower」
The average consumed fuel oil price decreased by US$44.91/MT year on year, and fluctuations in fuel prices are reflected in the cost environment for the fiscal year. - FY2017-Q2MaterialisedAnnual report
「Average consumed fuel oil price US$353.70/MT US$215.67/MT US$138.03 Lower」
The average consumed fuel oil price decreased by US$138.03/MT year on year. Fluctuations in fuel oil prices are reflected in the cost environment for the current quarter. - FY2016First statedAnnual report
「Fuel oil costs account for a significant proportion of expenses in the Group's liner shipping, tramp shipping and air transportation businesses. Fuel oil price levels and availability fluctuate due to global crude oil supply and demand, movements in foreign exchange markets, developments among oil-producing countries and OPEC, the status of environmental regulations, wars and many other factors, making it difficult to accurately forecast these trends.」
The average consumed fuel oil price changed from US$557.28/MT to US$298.66/MT during the current fiscal year.