Final settlement price of Middle East Crude Oil for June 2009 contract is 42,170 yen.
The final settlement price is calculated as follows.
Original Data
1. Monthly average of Dubai and Oman Crude Oil: 69.440 ($/bbl)
2. Monthly average currency exchange rate: 96.57 (JPY/$)
Calculating Formula
(Monthly Average of Dubai + Monthly Average of Oman) /2 * (Monthly Average Exchange Rate / 0.1590 )
= 69.440 * 96.57 / 0.1590
= 42174.9
Resulting figure is rounded to the tenth place.
