Crude and gasoline futures on the Tokyo Commodity Exchange (TOCOM) fell on Tuesday in line with United States futures but the benchmark kerosene contract edged up, helped by continued buybacks, a dealer said.
Most-active benchmark June gasoline shed 80 yen to 62,170 yen per kilolitre (yen/kl), while the benchmark May crude contract fell 0.7 percent. Benchmark June kerosene added 50 yen to 57,780 yen, but the other kerosene contracts all fell.
All gasoline, crude and kerosene contracts fell except for June kerosene.
"There is a lack of clear direction," said a dealer at a Tokyo-based broker. "New buy interest was seen in kerosene, but many see the kerosene contracts as unlikely to top the levels seen in the first-half of November." US crude oil futures were unchanged at $62.44 a barrel after a $1 drop a day earlier.
Comments
Comments are closed.