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Brent was trading near $126 to $131 and WTI near $120 to $126 as investors weighed the US ban on Russian oil imports. Traders said the ban might not worsen the supply shock, and Russia announced a ceasefire to let civilians leave Ukraine.
The IEA's 60 million barrel reserve release was described as an initial response.
Doubts that the US import ban would tighten supply capped crude prices near record levels. Energy costs remain elevated, which keeps pressure on feed and biofuel margins.
cnbc.comReuters9 mar 2022Tras 63 eventos neutral de geopolítica pasados, Petróleo crudo (Brent) se movió una mediana de -0,5 % en 5 sesiones (44% al alza; mitad central entre -4,4 % y +2,6 %), y -2,7 % en 20.
Tras 60 eventos neutral de geopolítica pasados, Petróleo crudo (WTI) se movió una mediana de -0,9 % en 5 sesiones (43% al alza; mitad central entre -4,7 % y +2,3 %), y -1,9 % 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.
Notes traders judged the US import ban might not worsen the supply shock and that Russia announced a ceasefire for civilians, reducing the risk premium.
