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Japan’s Big Firms Celebrate Cheaper Crude

Wall Street Journal Original article ›

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Japan imports about 20 trillion yen ($167 billion) of oil and liquefied natural gas each year. The decline in oil prices to $50 a barrel gives a much needed boost to the Japanese economy. It also increases the prospects for larger wage increases by business in 2015-2016 to support prime minister Abe's economic recovery plan.

The effects of lower oil prices in 2015- (6) the effect on Japan

01/07/2015

The effect of lower oil prices is seen as hugely positive for the Japanese economy and Japanese consumers.

Grouped Articles

Japan’s Big Firms Celebrate Cheaper Crude

Wall Street Journal 01/07/2015

Oil-Product Prices Fall as Supplies Climb

Wall Street Journal 01/08/2015

Oil Prices Slump as Inventories Rise Near 80-Year Highs

Wall Street Journal 02/05/2015

Oil Plunge Sparks Bankruptcy Concerns

Wall Street Journal 01/12/2016


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