
US Gulf crude prices rose to their highest since 2020 as the closure of the Strait of Hormuz forced several countries, including Iraq, to curb output. Flows of medium and heavy sour crude from the Persian Gulf are now largely cut off, and additional production cuts were announced.
Cut-off of medium and heavy sour crude tightens supply of the grades refiners rely on, lifting Gulf crude prices. Higher crude costs raise diesel and fertilizer costs for feed producers and support energy-linked commodity prices.
Tras 626 eventos alcista de geopolítica pasados, Petróleo crudo (WTI) se movió una mediana de +2,1 % en 5 sesiones (62% al alza; mitad central entre -2,3 % y +8,5 %), y +1,6 % en 20.
Tras 656 eventos alcista de geopolítica pasados, Petróleo crudo (Brent) se movió una mediana de +1,9 % en 5 sesiones (63% al alza; mitad central entre -2,7 % y +6,6 %), y +0,7 % en 20.
Tras 250 eventos alcista de geopolítica pasados, ULSD / Diésel se movió una mediana de +1,7 % en 5 sesiones (58% al alza; mitad central entre -3,6 % y +8,7 %), y +0,9 % 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.
Dated March 6, it reports that Hormuz closure forced Iraq and others to cut output and cut off Gulf sour crude flows, tightening supply and lifting crude prices.
Cutoff of Gulf sour crude flows and production cuts by Iraq and others tightened physical supply and lifted prices.
Hormuz closure cutting Iraqi and Gulf sour crude flows tightens physical supply and supports Brent.
Cutoff of Persian Gulf sour crude and Iraqi output curbs lifted US Gulf crude prices to their highest since 2020.