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NPEX <1605> slipped into negative territory after erasing early gains, even as WTI crude futures briefly touched $115 in electronic trading.

Mon Apr 6, 2026 12:43 pm JST Catalyst

INPEX CORPORATION <1605> erased its morning gains to trade lower by the midday break, tracking a cooling rally in oil prices. WTI crude futures had earlier spiked to the $115 per barrel level during Asian electronic trading as Middle East tensions flared. Market jitters intensified after U.S. President Trump signaled a potential large-scale military strike if Iran fails to reopen the Strait of Hormuz by the night of the 7th. However, as WTI retreated toward $111 by noon JST, INPEX followed suit, slipping into negative territory.

Source: MINKABU PRESS

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