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Inpex ranks 4th in rising sell predictions among individual investors - Minkabu survey

Mon Apr 20, 2026 1:09 pm JST Catalyst

Inpex Corporation <1605> ranked 4th in "rising sell predictions" as of noon on the 20th in the "Individual Investor Predictions (Latest 48 Hours)" compiled by Minkabu.

Inpex fell on the Tokyo Stock Exchange Prime Market on the 20th. On the 17th last week, US crude oil futures plunged, with West Texas Intermediate (WTI) for May delivery falling $10.84 to $83.85 per barrel. The price dropped as low as $80.56 at one point. The crude oil market tumbled after Iranian Foreign Minister Araghchi posted on social media on the 17th that "the Strait of Hormuz will be fully open to allow all merchant ships to pass during the ceasefire period." However, on the 18th, Iran's Revolutionary Guards announced the re-blockade of the Strait of Hormuz. In response, crude oil prices rebounded sharply to near $91 per barrel during Asian trading hours on Monday the 20th, reversing the previous week's plunge. Inpex's stock price reached a record high of 4,955 yen in March amid the surge in crude oil prices, but has since entered an adjustment phase. Selling appears to be emerging recently due to concerns

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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