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Oil prices plunged about $10 a barrel on November 26, 2021, their largest one-day drop since April 2020. The sell-off followed the WHO's designation of the new Omicron variant as a concern and travel restrictions in several countries.
Fears that the variant could curb travel and fuel demand, combined with a looming supply surplus, pressured crude prices sharply lower.
reuters.comLaura Sanicola26 nov 2021Tras 32 eventos bajista de enfermedad pasados, Petróleo crudo (WTI) se movió una mediana de -5,2 % en 5 sesiones (13% al alza; mitad central entre -15,0 % y -2,4 %), y -5,7 % en 20.
Tras 26 eventos bajista de enfermedad pasados, Petróleo crudo (Brent) se movió una mediana de -6,0 % en 5 sesiones (15% al alza; mitad central entre -13,3 % y -2,0 %), y -6,8 % 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.
Reports the roughly $10/bbl one-day plunge, the largest since April 2020, driven by the WHO's Omicron designation and travel restrictions that threaten fuel demand.
Largest one-day oil drop since April 2020 after the WHO designated Omicron a variant of concern and travel curbs followed, a demand-sentiment shock inside the window.
Largest daily drop since April 2020 after WHO designated Omicron a variant of concern and travel restrictions followed, hitting demand expectations.
