Marine Fuel Oil Price Fluctuations
First written in FY2016. 20 of 36 entries say "Worsened", first in FY2018-Q1. Latest entry: 2026-08-07.
Mitsui O.S.K.Lines moved to the "Worse" side of this theme in 2017, 4 years before the typical company in this theme (2021).
The whole theme swung hardest in 2018: 6 of 9 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- 2026-08-07WorsenedEarnings
「また、当第１四半期連結累計期間の船舶燃料油価格平均は、前年同期比US$373/MT上昇し、US$917/MTとなりました。」
船舶燃料油価格平均が前年同期比で大幅に上昇し、燃料コスト・損益リスクが拡大した。 - FY2026MitigatedAnnual report
「The average marine fuel oil price for the current fiscal year was US$550/MT, down US$54/MT from the previous fiscal year.」
The average marine fuel oil price fell from US$603/MT in the previous fiscal year to US$550/MT, easing the cost and earnings risk arising from higher fuel prices. - FY2026-H1MitigatedAnnual report
「The average marine fuel oil price during the interim consolidated accounting period was US$546/MT, down US$79/MT from the same period of the previous year.」
The average marine fuel oil price fell by US$79/MT year on year, easing the cost and earnings risk arising from higher fuel prices compared with the same period of the previous year. - FY2025MitigatedAnnual report
「The average marine fuel oil price for the current fiscal year was US$603/MT, down US$17/MT from the previous fiscal year.」
The average marine fuel oil price fell by US$17/MT from the previous fiscal year, easing the risk of higher fuel prices compared with the previous year. - FY2025-H1WorsenedAnnual report
「In addition, the average marine fuel oil price during the interim consolidated accounting period was US$625/MT, up US$15/MT from the same period of the previous year.」
The average marine fuel oil price rose from US$610/MT in the same period of the previous year to US$625/MT, not from US$625/MT as stated for the same period of the previous year, increasing fuel cost and earnings risk year on year. - FY2024-Q3MitigatedAnnual report
「In addition, the average marine fuel oil price during the cumulative third quarter of the current fiscal year was US$619/MT, down US$168/MT from the same period of the previous year.」
The average marine fuel oil price fell by US$168/MT year on year, easing the cost and earnings risk arising from higher fuel prices compared with the same period of the previous year. - FY2024-Q2MitigatedAnnual report
「In addition, the average marine fuel oil price during the cumulative second quarter of the current fiscal year was US$610/MT, down US$249/MT from the same period of the previous year.」
The average marine fuel oil price fell from US$859/MT in the same period of the previous year to US$610/MT, easing the cost and earnings risk arising from higher fuel prices compared with the same period of the previous year. - FY2024-Q1MitigatedAnnual report
「The average marine fuel oil price during the first quarter of the current fiscal year was US$575/MT, down US$339/MT from the previous fiscal year.」
The average marine fuel oil price fell from US$914/MT in the same period of the previous year to US$575/MT, easing the cost and earnings risk arising from higher fuel prices compared with the same period of the previous year. - FY2023WorsenedAnnual report
「Marine fuel oil price ※ US$585/MT US$745/MT US$160/MT」
The average marine fuel oil price rose from US$585/MT in the previous year to US$745/MT, raising the fuel price level. At the same time, the company stated its policy of passing most fluctuations in fuel oil prices on to customers under its contracts and reducing the residual exposure through futures. - FY2023-Q3WorsenedAnnual report
「Marine fuel oil price (9-month average)※ US$539/MT US$787/MT US$248/MT」
The average marine fuel oil price rose from US$539/MT in the same period of the previous year to US$787/MT, increasing fuel cost and earnings risk. - FY2023-Q2WorsenedAnnual report
「Marine fuel oil price (6-month average)※ US$514/MT US$859/MT US$345/MT」
The average marine fuel oil price rose from US$514/MT in the same period of the previous year to US$859/MT, significantly increasing fuel cost and earnings risk. - FY2023-Q1WorsenedAnnual report
「Marine fuel oil price (3-month average) * US$497/MT US$914/MT US$417/MT」
The average marine fuel oil price rose from US$497/MT in the same period of the previous year to US$914/MT, substantially increasing fuel cost and earnings risk. - FY2022WorsenedAnnual report
「Marine fuel oil price * US$355/MT US$585/MT US$230 /MT」
The average marine fuel oil price rose from US$355/MT in the previous year to US$585/MT, substantially increasing fuel cost and earnings risk. - FY2022-Q3WorsenedAnnual report
「Marine fuel oil price (9-month average) * US$315/MT US$539/MT US$225/MT」
The average marine fuel oil price rose from US$315/MT in the same period of the previous year to US$539/MT, substantially increasing fuel cost and earnings risk. - FY2022-Q2WorsenedAnnual report
「Marine fuel oil price (6-month average) * US$296/MT US$514/MT US$218/MT」
The average marine fuel oil price rose from US$296/MT in the same period of the previous year to US$514/MT, increasing fuel cost and earnings risk. - FY2022-Q1WorsenedAnnual report
「Marine fuel oil price (3-month average) * US$255/MT US$497/MT US$242/MT」
The average marine fuel oil price rose by US$242/MT year on year to US$497/MT, substantially increasing fuel cost and earnings risk. - FY2021MitigatedAnnual report
「In addition, the average marine fuel oil price for the current fiscal year fell by US$112/MT from the previous fiscal year to US$355/MT.」
The average marine fuel oil price fell from US$467/MT in the previous fiscal year to US$355/MT, easing the cost and earnings risk from higher fuel prices compared with the previous fiscal year. - FY2021-Q3Down year on year, up from the previous quarterAnnual report
「The average marine fuel oil price for the cumulative third quarter of the current consolidated fiscal year fell by US$149/MT year on year to US$315/MT.」
The average fuel oil price fell by US$149/MT year on year, easing the risk from higher fuel prices compared with the same period of the previous year. Meanwhile, it rose from US$296/MT in the previous quarter. - FY2021-Q2MitigatedAnnual report
「The average marine fuel oil price for the cumulative second quarter of the current consolidated fiscal year fell by US$142/MT year on year to US$296/MT.」
The average marine fuel oil price fell by US$142/MT year on year, easing the cost and earnings risk from higher fuel prices during the quarter. - FY2021-Q1MitigatedAnnual report
「In addition, the average marine fuel oil price for the cumulative first quarter of the current consolidated fiscal year fell by US$186/MT from the previous quarter to US$255/MT.」
The average marine fuel oil price fell from US$441/MT in the same period of the previous year to US$255/MT, easing the cost and earnings risk from higher fuel prices during the quarter. - FY2020WorsenedAnnual report
「The average marine fuel oil price for the current fiscal year rose by US$11/MT from the previous fiscal year to US$467/MT.」
The average marine fuel oil price rose from US$456/MT in the previous fiscal year to US$467/MT, increasing fuel cost risk. - FY2020-Q3RestatedAnnual report
「In addition, the average marine fuel oil price for the cumulative third quarter of the current consolidated fiscal year was approximately unchanged year on year at US$464/MT.」
The average marine fuel oil price was approximately unchanged year on year at US$464/MT, and fuel price movements remain an earnings issue. - FY2020-Q2MitigatedAnnual report
「In addition, the average marine fuel oil price for the cumulative second quarter of the current consolidated fiscal year fell by US$19/MT year on year to US$438/MT.」
The average marine fuel oil price fell by US$19/MT year on year, somewhat easing the risk of higher fuel prices that had continued from the previous fiscal year during the quarter. - FY2020-Q1WorsenedAnnual report
「In addition, the average marine fuel oil price for the cumulative first quarter of the current consolidated fiscal year rose by US$3/MT year on year to US$441/MT.」
The average marine fuel oil price rose by US$3/MT year on year, and fuel cost and earnings risk continued to trend higher. - FY2019WorsenedAnnual report
「The average marine fuel oil price for the current fiscal year rose by US$102/MT from the previous fiscal year to US$456/MT.」
The average fuel oil price rose from US$354/MT in the previous fiscal year to US$456/MT, increasing fuel cost and earnings risk. - FY2019-Q3WorsenedAnnual report
「The average marine fuel oil price for the cumulative third quarter of the current consolidated fiscal year rose by US$123/MT year on year to US$464/MT.」
The average marine fuel oil price rose by US$123/MT year on year and also increased from US$457/MT in the previous quarter. The cost and earnings risk from higher fuel prices increased further. - FY2019-Q2WorsenedAnnual report
「In addition, the average marine fuel oil price for the cumulative second quarter of the current consolidated fiscal year rose by US$135/MT year on year to US$457/MT.」
The average marine fuel oil price rose by US$135/MT year on year and also increased from US$438/MT in the first quarter. The cost and earnings risk from higher fuel prices increased further. - FY2019-Q1WorsenedAnnual report
「The average marine fuel oil price for the cumulative first quarter of the current consolidated fiscal year rose by US$119/MT year on year to US$438/MT.」
The average marine fuel oil price rose by US$119/MT year on year, further increasing the fuel cost and earnings risk that had continued from the previous fiscal year. - FY2018WorsenedAnnual report
「In addition, the average marine fuel oil price for the current fiscal year rose by US$70/MT from the previous fiscal year to US$354/MT.」
The average marine fuel oil price rose by US$70/MT from the previous fiscal year to US$354/MT, increasing the cost and earnings risk from higher fuel prices. - FY2018-Q3WorsenedAnnual report
「In addition, the average marine fuel oil price for the cumulative third quarter of the current consolidated fiscal year rose by US$76/MT year on year to US$341/MT.」
The average marine fuel oil price rose by US$76/MT year on year and also increased from US$322/MT in the previous quarter. The cost and earnings risk from higher fuel prices increased further. - FY2018-Q2WorsenedAnnual report
「The average marine fuel oil price for the cumulative second quarter of the current consolidated fiscal year rose by US$81/MT year on year to US$322/MT.」
The average marine fuel oil price rose by US$81/MT year on year and also increased from US$319/MT in the previous quarter. The cost and earnings risk from higher fuel prices continues to increase. - FY2018-Q1WorsenedAnnual report
「In addition, the average marine fuel oil price for the cumulative first quarter of the current consolidated fiscal year rose by US$93/MT from the previous quarter to US$319/MT.」
The average marine fuel oil price rose by US$93/MT from the previous quarter, increasing the cost and earnings risk from higher fuel prices. - FY2017-Q3RestatedAnnual report
「The average marine fuel oil price for the cumulative third quarter of the current consolidated fiscal year fell by US$31/MT year on year to US$265/MT.」
The year-on-year decline in the average marine fuel oil price is shown using actual figures. - FY2017-Q2RestatedAnnual report
「The average marine fuel oil price for the cumulative second quarter of the current consolidated fiscal year fell by US$87/MT year on year to US$241/MT.」
The year-on-year decline in the average marine fuel oil price is shown using actual figures. - FY2017-Q1RestatedAnnual report
「The average marine fuel oil price for the cumulative first quarter of the current consolidated fiscal year fell by US$143/MT year on year to US$226/MT.」
The year-on-year decline in fuel oil prices is shown using actual figures, and the impact of fuel price movements remains an ongoing issue. - FY2016First statedAnnual report
「The average marine fuel oil price for the current fiscal year fell by US$238/MT from the previous fiscal year to US$265/MT.」
Actual figures show the substantial volatility in fuel prices and explain the risk of deteriorating results when prices rise, as well as fuel hedging.