China News Service, June 1. According to Kyodo News, from the evening of May 31 to the morning of June 1, local time, during the night trading session of the Tokyo Commodity Exchange in Japan, the index price of crude oil futures produced in the Middle East reached the level since the beginning of August 2008. high position.
The report pointed out that the benchmark price of crude oil futures produced in the Middle East once rose to 83,600 yen (about 4,322 yuan) per thousand liters, rising to a 13-year and 10-month high.
The rise in benchmark prices was reportedly due to a consensus among EU countries on a partial ban on oil imports from Russia.
Some people believe that as the sanctions take effect, the demand for crude oil produced in the Middle East will soar and the price will rise.
This opinion gradually spread, eventually leading to higher futures prices.
However, the view that the specific measures of sanctions are not transparent is also deeply rooted. A person from a large brokerage pointed out that "futures prices have also surged rapidly and then plummeted, which is quite unstable."