INPEX shares hit a one-and-a-half-month high, rising to ¥4,078 near the close. US crude oil futures rose on the 23rd, and the market's movement was seen as a buying catalyst.
As of 2 p.m., INPEX was up ¥218, or 5.64%, from the previous weekend at ¥4,078, renewing its one-and-a-half-month high.
US crude oil futures on the 23rd rose $3.80 from the previous day to $103.27 per barrel, amid growing concerns over escalating tensions in the Middle East.