Fuji Oil Co Ltd (5017.T)

5017.T on Tokyo Stock Exchange

19 Aug 2019
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Tue, May 14 2019


Asia's spot oil prices rise to multi-year highs on tight supply

SINGAPORE Prices of Middle East and Russian spot crude grades sold in Asia hit multi-year highs as Asian oil buyers snapped up cargoes amid tighter supplies, trade sources said on Tuesday.

UPDATE 1-Japan refiners tap more oil from Middle East to replace Iran supply

* Fuji Oil buys spot crude from Oman, Bahrain, Abu Dhabi -sources

Fuji Oil seeks spot crude oil after U.S. sanctions block Iranian supply

TOKYO, May 9 Japan's Fuji Oil Co expects to secure alternative crude supplies through term contracts and by tapping the spot market after the U.S. ended waivers on sanctions on Iran, the company's president said on Thursday.

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