kabutan

INPEX CORPORATION rises for third consecutive day as WTI crude prices continue upward trend amid Iran concerns

Tue May 19, 2026 11:00 am JST Catalyst

INPEX CORPORATION <1605> rose for the third consecutive day. U.S. crude oil futures on the 18th saw the June WTI (West Texas Intermediate) contract rise by $3.24 from the previous weekend to $108.66 per barrel. It reached as high as $109.47 at one point. Reports indicated that a U.S. government official viewed Iran's new proposal as insufficient, heightening uncertainty over the prospects for an end to hostilities. Subsequently, as of just after 10:00 a.m. Japan time on the 19th, WTI was trading in the $107 range.

Source: MINKABU PRESS

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

Related Articles