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Crude oil ETFs including NEXT FUNDS NOMURA Crude Oil Long remain firm as WTI price hovers around $96
Crude oil ETFs such as NEXT FUNDS NOMURA Crude Oil Long Index Linked Exchange Traded Fund <1699> and Simplex WTI ETF <1671> remained firm. U.S. crude oil futures for WTI (West Texas Intermediate) June contracts were trading around $96 per barrel as of 9:00 a.m. Japan time on the 27th, showing strength. The settlement price (equivalent to the closing price) on the 24th last Friday was $94.40, down $1.45 from the previous day. While there had been expectations for a second round of direct talks between the U.S. and Iran aimed at ending hostilities, the talks did not materialize over the weekend. Amid growing views that military tensions surrounding the Strait of Hormuz will persist, crude oil prices continue to move at elevated levels.
(Note) The "◇" symbol at the end of the title indicates that the article contains multiple issues.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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