In response to the soaring international crude oil prices, the crude oil futures price temporarily rose to more than 89,000 yen per kiloliter in the Tokyo market on the 9th, reaching the highest price in 13 years and 11 months. ..
On the 9th, the futures price of crude oil from the Middle East, which is traded in the Tokyo market, temporarily rose to more than 89,000 yen per kiloliter for the core "November".
It is the highest price in 13 years and 11 months since July 2008 before the Lehman shock.
While demand for crude oil is expected to increase in the United States and China in the future, there is a deep-rooted sense of caution that supply constraints will continue due to the invasion of Ukraine by the Russian army.
In the New York market, WTI futures prices, which are an international indicator of crude oil prices, are soaring, and in the Tokyo market, buying orders for crude oil futures are increasing.
Market officials said, "The depreciation of the yen has pushed up the price when converting the dollar into yen, which has also led to an increase in the price of crude oil futures in the Tokyo market."