Mondo Visione Worldwide Financial Markets Intelligence

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Tokyo Commodity Exchange: Final Settlement Price Of Crude Oil for April 2011 Contract - Correction

Date 02/05/2011

An error occurred with the Final Settlement Price of Middle East Crude Oil for April 2011 contract.
 
Please find below the correct figure.

(Correct figure) 61,020yen
(Incorrect figure) 60,960yen

The final settlement price is calculated as follows.

(Monthly Average of Dubai + Monthly Average of Oman) / 2 * Monthly Average Exchange Rate / 0.1590
1bbl = 0.1590k