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Oil fell for a fifth straight day on Thursday to its lowest since January 2019, with Brent down 2.8% near $51.96 and WTI down 2.7% near $47.38. Brent and WTI had lost about 10% over five sessions, their largest such losses since August 2019.
Consultants cut 2020 oil demand growth to practically zero because of the outbreak, signaling weaker global economic activity and lower energy costs that can ease feed transport and processing expenses.
cnbc.comReuters27 feb 2020
reuters.comStephanie Kelly25 feb 2020Tras 565 eventos bajista de macro pasados, Petróleo crudo (WTI) se movió una mediana de -1,4 % en 5 sesiones (41% al alza; mitad central entre -5,9 % y +3,0 %), y -0,5 % en 20.
Tras 312 eventos bajista de macro pasados, Petróleo crudo (Brent) se movió una mediana de -1,7 % en 5 sesiones (38% al alza; mitad central entre -5,4 % y +2,3 %), y -1,7 % 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.
Describes a fifth straight daily decline with Brent and WTI losing about 10% over five sessions on virus-driven demand concerns, matching the window and magnitude.
Documents five straight daily declines and ~10% losses for Brent and WTI, the largest since Aug 2019, on demand worries.
