INPEX extends losses as WTI crude briefly falls below $91 in after-hours trading
INPEX CORPORATION <1605> extended losses as crude oil futures fell, with the October West Texas Intermediate (WTI) contract briefly dropping to about $90.50 a barrel in Tokyo trading on the 3rd. The pullback came despite crude oil's upward trend, as market participants appeared to price in hopes of easing tensions over Iran. The settlement price on the 2nd - equivalent to the closing price - stood at $91.01 a barrel, up $0.79 from the previous day.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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