In the Tokyo crude oil market on the 24th, the futures price of crude oil, which is the center of the transaction, is rising.
The government has announced that it has decided to work with the United States to release some of its national oil reserves, but there is growing caution about the backlash from oil-producing countries and the tightening of supply and demand.
The Tokyo crude oil market on the 24th has risen sharply since the start of trading during the day, and the futures price of crude oil, which is the center of trading, is temporarily higher than the closing price on the 22nd by more than 3,000 yen, in the 55,000 yen range per kiloliter. It has become.
The government announced on the 24th that it has decided to release a part of the national oil stockpile in cooperation with the United States, but among investors, OPEC = Organization of Petroleum Exporting Countries etc. This is because the oil-producing countries in Japan have rebounded, and there has been widespread concern that supply and demand will tighten as the northern hemisphere enters full-scale winter.
Market officials said, "If there is no material that loosens supply and demand, such as each country increasing the scale of stockpiling and OPEC's additional production increase, crude oil prices may remain high." I am.
Chief Cabinet Secretary Matsuno "Working to Stabilize the Market"
Chief Cabinet Secretary Matsuno said at a press conference after the Cabinet meeting, "We have been cooperating with the United States to stabilize the international crude oil market, but Japan is keeping pace with the United States and related countries, and the current oil stockpiling law We have decided to sell a part of the national petroleum stocks in a manner that does not contradict the above. This is to carry out the conventional oil type replacement ahead of schedule. "
In addition, when the reporters asked how much they expected the effect of the release, "Stabilization of crude oil prices contributes to the stability of the world economy, and we are taking measures that Japan can take one by one." Said.
In addition, Chief Cabinet Secretary Matsuno said, "While paying close attention to the effects of soaring crude oil prices on international energy market trends and the Japanese economy, we will continue to encourage oil-producing countries to increase production, as well as major consuming countries and related international organizations. We will work to stabilize the energy market by strengthening cooperation with. "
"We will steadily take measures for agriculture and fisheries by industry, and measures to mitigate drastic changes in the sudden rise in gasoline and kerosene prices, while cooperating with related ministries and agencies."