Home
Market News
Breaking stock market headlines
Earnings Flash
Breaking coverage of earnings reports, forecasts & dividend updates
Trends
Market movers, trading patterns & key market indicators
Disclosures
Official filings & reports from listed Japanese companies
Explorer
Stock lists filtered by fundamental & technical metrics
INPEX Tumbles as WTI Crude Slides to the $91 Range in Overnight Trading
INPEX <1605> opened bid-less, with no buyers in sight. WTI (West Texas Intermediate) crude oil futures for May delivery briefly fell to the $91 per barrel range as of just after 8:30 a.m. JST. On the evening of the 7th U.S. time (morning of the 8th JST), U.S. President Trump took to social media to announce a two-week pause on large-scale military action against Iran. In response, crude oil futures plunged, dragging down oil-related stocks including INPEX. WTI's settlement price on the 7th (the equivalent of a closing price) was $112.95 per barrel, up $0.54 from the previous session.
Source: MINKABU PRESS
Related Articles
POPER Surges for First Time in Three Days After HIKARI TSUSHIN and Affiliates Increase Stake◇
KUSHIKATSU TANAKA Extends Gains for Sixth Consecutive Day as March Same-Store Sales Rise for 17th Straight Month
TRANSACTION Rises for Fourth Consecutive Day as Interim Results Beat Guidance on Early Success of Medium-Term Plan Initiatives
Semiconductor Stocks Rally on Short Covering After Iran Attack Delay, with ADVANTEST, DISCO, and Kioxia Leading Gains◇
HEALIOS Rebounds After Five-Day Losing Streak on Culture Supernatant Supply Agreement with South Korea's GeneCel◇
NEXT FUNDS Nikkei 225 2x Leveraged ETF Surges Toward \50,000 as Short-Covering Accelerates on Iran Ceasefire Deadline Extension
TSI Holdings Extends Stock Gains as March Same-Store Sales Rise for Second Consecutive Month
Tokyo Stocks (Open): Surge on Short-Covering Rally Led by Futures After Iran Ceasefire Deadline Extended
Singapore Nikkei 225 Futures Open at \56,095 on the 8th, Up \2,500
Nikkei 225 Futures Surge in Chicago as Trump Announces Two-Week Suspension of Iran Strikes