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Oil prices remain high after Saudi Energy Conference | NHK News

2019-09-17T20:11:21.677Z

International oil prices that have risen following attacks on oil-related facilities in Saudi Arabia have been reported by Saudi Arabia's energy minister to be 18th of Japan time.



Crude oil prices remain high after Saudi Energy Conference 5:09 on September 18

International oil prices, which have risen following attacks on oil-related facilities in Saudi Arabia, have been raised even after Saudi Arabia's energy minister has stated that the supply of crude oil has returned to normal at an early morning meeting of Japan time. It hasn't dropped much, and is still more than 7% higher than last weekend.

International crude oil prices rose sharply this week, including a 19% price increase over the weekend last week, as concerns over supply intensified due to attacks on oil-related facilities in Saudi Arabia, one of the world's largest oil-producing countries. Has continued.

The energy price of Saudi Arabia met for the first time after the attack before dawn on the 18th of Japan time, and the price of crude oil dropped slightly, saying that "the supply of crude oil has returned to normal."

However, the price has not dropped significantly, and as of 4:00 am Japan time, the WTI futures price in the New York crude oil market is in the lower $ 59 range, and the future price of North Sea crude oil in the London market is 1 barrel = Compared to the first half of $ 64 and last weekend, it is still 7% to 8% higher, and market concerns have not been dispelled.

Source: nhk

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