A method for producing a hydrocarbon liquid fuel comprising hydrocracking a raw material oil in the presence of a hydrocracking catalyst, at a supplying pressure of hydrogen of from 0.1 to 0.8 MPa, a liquid space velocity of liquid volume of the raw material oil of from 0.05 to 10.0 hr -1, and a ratio of a flow rate of the hydrogen to a flow rate of the raw material oil of from 50 to 3,000 NL of the hydrogen per 1 L of the raw material oil, wherein the raw material oil is one or more members selected from rapeseed oil, cottonseed oil, palm oil, coconut oil, sunflower oil, soybean oil, rice oil, oil palm oil, Jatropha oil, olive oil, fats and oils from algae, animal oils, and waste cooking oils, and wherein the hydrocracking catalyst is produced by a method comprising stirring one or more sulfur compounds selected from the group consisting of thiourea, N,N'-diethylthiourea, and thioacetamide, and a cracking catalyst in an aqueous medium to allow liquid-solid separation (step 1); stirring a solid product obtained in the step 1 and at least one metal component in an aqueous medium to allow liquid-solid separation (step 2); baking a solid product obtained in the step 2 (step 3); and reducing a solid product obtained in the step 3, or reducing a solid product obtained in the step 3, and then subjecting a reduced product to sulfurization treatment (step 4). at a supplying pressure of hydrogen of from 0.1 to 0.8 MPa, a liquid space velocity of liquid volume of the raw material oil of from 0.05 to 10.0 hr -1, and a ratio of a flow rate of the hydrogen to a flow rate of the raw material oil of from 50 to 3,000 NL of the hydrogen per 1 L of the raw material oil, wherein the raw material oil is one or more members selected from rapeseed oil, cottonseed oil, palm oil, coconut oil, sunflower oil, soybean oil, rice oil, oil palm oil, Jatropha oil, olive oil, fats and oils from algae, animal oils, and waste cooking oils, and wherein the hydrocracking catalyst is produced by a method comprising stirring one or more sulfur compounds selected from the group consisting of thiourea, N,N'-diethylthiourea, and thioacetamide, and a cracking catalyst in an aqueous medium to allow liquid-solid separation (step 1); stirring a solid product obtained in the step 1 and at least one metal component in an aqueous medium to allow liquid-solid separation (step 2); baking a solid product obtained in the step 2 (step 3); and reducing a solid product obtained in the step 3, or reducing a solid product obtained in the step 3, and then subjecting a reduced product to sulfurization treatment (step 4). stirring one or more sulfur compounds selected from the group consisting of thiourea, N,N'-diethylthiourea, and thioacetamide, and a cracking catalyst in an aqueous medium to allow liquid-solid separation (step 1); stirring a solid product obtained in the step 1 and at least one metal component in an aqueous medium to allow liquid-solid separation (step 2); baking a solid product obtained in the step 2 (step 3); and reducing a solid product obtained in the step 3, or reducing a solid product obtained in the step 3, and then subjecting a reduced product to sulfurization treatment (step 4).