International crude prices fell sharply over the week, with declines linked to hopes for diplomatic de-escalation in the Middle East and reduced concern about supply disruptions. Domestic gasoline prices fell by more than 3,000 dong per liter and diesel by more than 1,500 dong per liter during the week.
Lower crude and diesel prices can reduce fuel and transport costs for feed production and delivery. The sharp weekly decline is bearish for crude benchmarks and diesel, though the report also notes price volatility.
After 255 past bearish geopolitics events, Crude Oil (WTI) moved a median -2.4% over 5 sessions (31% higher; middle half -7.0% to +1.7%), and -5.0% over 20.
After 250 past bearish geopolitics events, Crude Oil (Brent) moved a median -3.1% over 5 sessions (36% higher; middle half -7.9% to +1.6%), and -5.5% over 20.
After 51 past bearish geopolitics events, ULSD / Diesel moved a median -2.4% over 5 sessions (37% higher; middle half -8.2% to +3.9%), and -2.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.