The Tokyo crude oil market on the 12th has continued to reach its highest level in three years, following the trend of crude oil futures prices temporarily rising to the highest level in about seven years in the New York market.

In the Tokyo crude oil market, on the 12th, the futures price of March next year, which will be the center of the transaction, temporarily reached 55,430 yen per kiloliter in the daytime transaction, which is the highest level in about 3 years since October 2018. It has become.



The background is that while oil-producing countries decided to keep production next month unchanged earlier this month, global economic activity resumed and demand for crude oil increased, raising concerns about tight supply and demand. ..



In the New York market on the 11th, the futures price of WTI, which is an indicator of international crude oil prices, temporarily exceeded $ 82 per barrel, the highest price in about 7 years, and the Tokyo market has continued this trend. is.



Market officials said, "There is a concern that the price of crude oil futures will rise further as the use of heating increases over the winter."