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INPEX and Japan Petroleum Exploration extend losses as WTI crude falls to $86 a barrel◇
INPEX CORPORATION <1605> and Japan Petroleum Exploration Co., Ltd. <1662> extended losses, weighed down by a sharp drop in crude oil prices. May futures for U.S. WTI (West Texas Intermediate) crude temporarily fell to $86 a barrel on the morning of the 15th, Japan time. The contract settled at $91.28 on the 14th, down $7.80 from the previous session. U.S. President Trump indicated on the 14th that negotiations with Iran could resume in Pakistan within two days. Growing expectations for progress in peace talks accelerated the slide in crude prices.
(Note) The "◇" symbol at the end of the headline indicates that the article covers multiple stocks.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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