As a result of the attack on the oil facility in Saudi Arabia, the future price of “US WTI crude oil”, which is an indicator of crude oil price, rose sharply on the New York Commercial Exchange on the 16th of the week. The trade ended at $ 8.05 (14.7%) higher than the previous weekend at $ 62.90, the highest price in about four months.
Two facilities of Saudi Aramco, a state-run oil company in eastern Saudi Arabia, were hit on the 14th, and Saudi's half of its crude oil production capacity was temporarily stopped. WTI has soared by 15.5% compared to the previous weekend due to supply instability, according to the US media, the rate of increase since the end of 2008.
US President Trump suggested the release of strategic oil reserves on the 15th, but investors' concerns about the destabilization of the Middle East situation persisted, and the effect of reducing crude oil prices was limited.
In the New York stock market on the 16th, investors' risk aversion was strengthened, and the average of Dow Industries, which consists of major companies, dropped for the first time in nine business days. The closing price is $ 27,076,82, which is 142.70 dollars (0.52%) lower than the previous weekend. The overall index of the Nasdaq market, which has many high-tech stocks, also dropped, ending at 8153.54, 23.17 points lower (0.28%). (New York = Takashi Jiangsu)
