In the New York crude oil market, international crude oil futures prices continued to rise, hitting a temporary high of $ 84 per barrel on the 20th for the first time in about seven years.
In the New York crude oil market, the futures price of WTI, which is an international indicator, has continued to rise, and on the 20th, it temporarily exceeded $ 84 a barrel and hit a high for the first time in about 7 years.
The main reason for the rise in crude oil prices is that while demand is increasing due to the resumption of economic activities in Europe and the United States, the production volume that decreased due to the spread of the new coronavirus infection has not recovered.
It is also affected by the widespread view in the market that the price of natural gas will soar before winter and the demand for crude oil as an alternative fuel will increase.
There are concerns about the impact of rising crude oil prices, such as rising gasoline prices in Japan.
Market officials said, "Many investors predict that demand for crude oil will continue to grow. On the other hand, it is expected that it will take time for production to recover, so the upward trend in crude oil prices will continue for the time being. Isn't it? "