Crude oil futures prices rose to the level for the first time in 2 years and 3 months in the Tokyo market on the 6th due to difficulties in discussions to increase production by major oil-producing countries such as Saudi Arabia and Russia and the failure to hold a meeting on the 5th. doing.
On the 6th, the futures price of crude oil from the Middle East, which is traded in the Tokyo market, has risen to more than 49,000 yen per kiloliter of the core "Kotoshi December".
This is the highest price in 2 years and 3 months since April 2019.
Crude oil futures prices have continued to rise from the perspective that demand will increase as the domestic and overseas economies recover, but talks on increasing production by major oil-producing countries such as Saudi Arabia and Russia have been difficult, and the meeting on the 5th Due to the failure to open, buy orders are increasing in the Tokyo market following the New York market.
Market officials said, "In response to the rise in crude oil futures prices, it is expected that domestic gasoline prices, which have been rising for four consecutive weeks as of the end of last month, will rise further."