
Oil prices fell about 5% on Thursday to their lowest level in more than a year. Oversupply worries and weaker energy demand outlooks drove the decline.
Global equities sold off after the U.S. Federal Reserve raised rates and signaled further hikes over the next two years.
Tighter U.S. monetary policy and equity weakness reduce demand expectations for energy, pushing crude lower. Cheaper oil lowers fuel and transport costs but also cuts the value of biofuel-linked feedstock demand.
Tras 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.
Dec 20 ~5% drop to a 1+ year low as the Fed hike triggered an equity selloff and oversupply worries, hitting sentiment and demand outlook within the window.
Dec 20 ~5% drop as the Fed hike triggered an equity selloff and raised demand concerns, adding to oversupply worries.