In the New York crude oil market on the 14th of the week, international crude oil futures prices temporarily exceeded $ 95 a barrel for the first time in about 7 years and 5 months, against the backdrop of growing concerns about the situation in Ukraine. I did.

Crude oil prices continue to rise in the New York crude oil market, and on the 14th, the international index WTI futures price temporarily exceeded $ 95 a barrel.



It is the first time in about 7 years and 5 months since September 2014 to hit the $ 95 level per barrel.



In the background of the soaring prices, the United States and Australia have decided to evacuate the staff of the embassy in Kiev, the capital of Ukraine, over the situation in Ukraine, so Russia, an oil-producing country, may embark on an invasion of Ukraine. Concerns about the existence may continue to grow.



WTI futures prices fell to the $ 62 level at the beginning of December last year due to caution over the new coronavirus Omicron strain, but then began to rise, one barrel on February 3. = I was on the $ 90 level.



If the price continues to rise, there are concerns about the impact on people's lives, such as gasoline prices in Japan.



Market officials said, "The immediate focus is on the situation in Ukraine, and there are some views that the upward trend in crude oil prices may not be stopped while tensions continue."

Keywords: