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Crude oil ETFs such as NEXT FUNDS NOMURA Crude Oil Long firm as WTI price rises to around $92 in off-hours trading
Crude oil ETFs such as NEXT FUNDS NOMURA Crude Oil Long Index Linked Exchange Traded Fund <1699> and WisdomTree WTI Crude Oil <1690> traded firmly. U.S. West Texas Intermediate (WTI) crude oil futures for July contracts temporarily rose to around $92 per barrel in off-hours trading during the Tokyo morning session. The price had fallen to the $89 level on May 25 amid expectations for negotiations to end U.S.-Iran hostilities, but showed resilient movement again on May 26. While caution remains strong regarding future developments as gaps persist between the U.S. and Iran on issues such as the nuclear program, dip-buying in crude oil prices also appears to be emerging.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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