Final settlement price of Middle East Crude Oil for July 2009 contract is 38,610 yen.
The final settlement price is calculated as follows.
[Original Data]
1. Monthly average of Dubai and Oman Crude Oil: 64.950
($/bbl)
2. Monthly average currency exchange rate: 94.51 (JPY/$)
[Calculating Formula]
(Monthly Average of Dubai + Monthly Average of Oman) /2 * (Monthly Average Exchange Rate / 0.1590 )
= 64.950 * 94.51 / 0.1590
=
38606.4
Resulting figure is rounded to the tenth place
