[JPX Energy] Dubai crude rebounds, buying leads as WTI rises (morning of 7th) (Jiji Press)

The story

Tokyo Commodity Exchange Dubai crude futures rebounded, with the benchmark February 2027 contract opening. New York WTI crude futures were showing gains amid caution over their direction, prompting buying in spot-related products to lead.

There was no notable movement in power, gasoline, LNG or Osaka Exchange CME crude oil and other index futures.

At a glance

LocationTokyo Commodity Exchange Dubai crude futures

Nearest contractFebruary 2027 contract

LevelOpened at ¥76,670

BackgroundBuying led by expectations of higher WTI futures and a cautious market

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