Due to the tightening situation in Ukraine, concerns about the stagnation of crude oil supply from oil-producing Russia have spread, and the price of crude oil futures has risen sharply in the Tokyo market on the 3rd, for the first time in about 7 years and 8 months. It became a high price of.
In the Tokyo market on the 3rd, the price of "Kotoshi August", which is the center of the transaction, increased by more than 4000 yen from the 2nd, or about 6%, and temporarily reached the 69,000 yen level.
This is the highest level in about 7 years and 8 months.
Amid severe economic sanctions on Russia, major Western oil companies have announced that they will withdraw from the Russian business one after another, and major oil-producing countries have forgotten to increase production, leading to a shortage of crude oil supply. Concerns have increased, leading to further price increases.
In the New York crude oil market, WTI futures, which is an international indicator of crude oil prices, temporarily rose to the mid- $ 114 level per barrel.
Market officials said, "Russia's invasion of Ukraine has intensified and there is no prospect of a ceasefire, so there are concerns that the impact will be prolonged, and there is a view that crude oil prices will continue to rise." I'm talking.
Chief Cabinet Secretary to summarize measures to significantly expand drastic change mitigation measures on the 4th
Regarding this, Chief Cabinet Secretary Matsuno said at a press conference, "Crude oil prices, which were already at a high level, are on the rise due to the situation in Ukraine, global demand recovery, production stagnation in some oil-producing countries, etc. There are concerns about the impact on people's lives. "
On that basis, "The government will promptly promote the release of oil reserves under international cooperation and continue to encourage oil-producing countries to increase production. It will continue to affect international energy demand trends and the Japanese economy. I would like to pay close attention to the impact with a sense of tension. "
He also announced that he would hold a ministerial meeting on the 4th to put together measures to significantly expand the measures to mitigate catastrophic changes.