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Market Compass / RECX-22

Crude prices steady, players pay attention to US economic policy: 3/29 PM

The May WTI crude oil futures contract in NYMEX ACCESS trade at 16:15 Tokyo time on Thursday was at $64.71 per barrel (bbl), up 11cts from morning on the same day while the May Brent contract in ICE After Hours Trading was at $69.80/bbl, down 6cts. “As wariness over US trade policy remains strong in the market, a rebound on the back of bargain hunting during Asian trading hours on Thursday came to an end and most players take a wait-and-see stance,” Jun Inoue, a chief economist at Mizuho Research Institute said. Meanwhile, the Nikkei Stock Average appreciated 127.77 points to end the day at 21,159.08, as the dollar traded at 106.63 against the yen.


RECX-22 index for Thursday was at 102.61 points, down 0.29 points from the previous day.

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