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INPEX and Japan Petroleum Exploration rebound after 5 sessions as WTI rises above $92 on Middle East tensions

Fri Oct 2, 2026 10:31 am JST Catalyst

INPEX CORPORATION <1605> and Japan Petroleum Exploration Co., Ltd. <1662> rebounded for the first time in five sessions. WTI crude oil futures for November delivery rose $2.45 per barrel on Oct. 1 to $92.87. Reports that the United States plans to deploy a third aircraft carrier to the Middle East and increase troop presence by 9,000 to 10,000 personnel reignited concerns over Middle East tensions. In addition, reports indicated that Chinese refiners halted exports of petroleum products to prioritize domestic inventories.

Source: MINKABU PRESS

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