
Oil prices fell below $100/bbl after the US and Iran agreed to a two-week ceasefire. Brent dropped as much as 16% to near $94, and WTI posted its steepest drop in almost six years.
European diesel futures fell as much as 23%, with the API reporting a larger-than-expected US crude build.
The ceasefire eases fears of prolonged Strait of Hormuz disruption, reducing crude and diesel price support and lowering energy input costs for feed production, transport and fertilizer. Prices will depend on whether talks produce a durable deal and normal strait flows.
Tras 250 eventos bajista de geopolítica pasados, Petróleo crudo (Brent) se movió una mediana de -3,1 % en 5 sesiones (36% al alza; mitad central entre -7,9 % y +1,6 %), y -5,5 % en 20.
Tras 255 eventos bajista de geopolítica pasados, Petróleo crudo (WTI) se movió una mediana de -2,4 % en 5 sesiones (31% al alza; mitad central entre -7,0 % y +1,7 %), y -5,0 % en 20.
Tras 51 eventos bajista de geopolítica pasados, ULSD / Diésel se movió una mediana de -2,4 % en 5 sesiones (37% al alza; mitad central entre -8,2 % y +3,9 %), y -2,3 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
US-Iran two-week ceasefire sent oil below $100 and European diesel futures down as much as 23%, directly driving the ULSD collapse on April 8.
European diesel futures fell as much as 23% and oil slumped below $100 on the ceasefire, directly transmitting to ULSD benchmarks.