In the New York crude oil market on the 24th, international crude oil futures prices temporarily rose to the $ 79 level per barrel.
In the background, there is a sense of caution that major oil-producing countries may oppose the announcement that the United States and Japan will cooperate to release a part of the oil stockpiling.
In the New York crude oil market on the 24th, the futures price of WTI, which is an international indicator of crude oil prices, temporarily rose to the $ 79 level per barrel.
In the background, the United States and Japan announced on the previous day that they would cooperate to release a part of the oil stockpiling, but there is a sense of caution that major oil-producing countries such as OPEC = Organization of Petroleum Exporting Countries may oppose it. May appear.
WTI futures prices rose to the low $ 85 level per barrel, the highest in seven years on the 25th of last month, after which it was reported that the United States and others are considering releasing stockpiles74. The price was down to the dollar level.
Market officials say, "There is a widespread view that the amount of oil reserves that the United States and Japan are supposed to release is within the expected range and the effect of suppressing price increases is temporary. The future focus will be on major oil-producing countries. However, depending on whether or not to increase production in the future, there is a sense of caution that the increase in production will be postponed in response to the release of stockpiles. "