In the Tokyo crude oil market, futures prices, which are the core of transactions, have remained at the highest level for the first time in three years amid rising international crude oil prices.
On the 11th in the Tokyo crude oil market, the futures price for March next year, which will be the center of the transaction, temporarily rose by 810 yen from the closing price last weekend to 54,960 yen per kiloliter, setting a new record high. ..
After that, the high level continued, and in the end, the closing price on the 11th was 54,840 yen, which is 690 yen higher than the closing price last weekend.
This is the highest level in three years since October 2018.
Overseas, the WTI futures price, which is an indicator of international crude oil prices, exceeded $ 80 a barrel in the New York market on the 8th of last week, the highest price in about 7 years.
The background is that while economic activity has resumed globally and demand has increased, major oil-producing countries have left production volume unchanged next month.
As a result, gasoline prices continue to rise in Japan, and there are concerns about the impact of rising procurement costs on corporate performance.
Regarding the outlook for the future, market officials said, "As the northern hemisphere, which consumes a lot of electricity, is expected to approach winter and the use of heating is expected to increase, the futures price of crude oil is expected to rise further." increase.