As the global economy recovers from the effects of the new coronavirus, crude oil futures prices have risen further, and WTI's futures price, which is an international indicator, temporarily exceeded $ 85 a barrel and reached its highest level in about seven years. Has been updated.
Crude oil prices continue to rise, as demand is rising due to the resumption of global economic activity, while production, which had once declined due to the Corona disaster, has not yet recovered.
On the 25th, the number of buy orders gradually increased after entering the trading hours in Europe and the United States, and in the crude oil market in New York, the futures price of WTI, which is an international index, temporarily exceeded $ 85 per barrel, since October 2014. It hit a new high for the first time in about 7 years.
Market officials said, "Many investors predict that demand for crude oil will continue to grow. On the other hand, oil-producing countries such as OPEC are cautious about increasing production, and the upward trend in crude oil prices is for the time being. There are many views that it will continue. "