The Tokyo Commodity Exchange, Inc. (TOCOM) has announced today that the open interest for Dubai Crude Oil futures was 112,288 contracts. It is the first time for the total number of outstanding orders for this contract to reach above 110,000 since the launch on September 10, 2001.
TOCOM Dubai Crude Oil open interest reached 92,283 contracts yesterday, surpassing the 90,000 mark for the first time. This contract has shown record breaking increases in open interest for two consecutive days.
At TOCOM, open interest for all products is 450,380 contracts today. It recovered the 450,000 level for the first time in eight years. The highest open interest across the TOCOM markets was 456,630 contracts on July 17, 2008.