
Oil prices surged on April 2, 2020, after Trump tweeted that Saudi Arabia and Russia were preparing to cut production by 10 million to 15 million barrels a day, but much of the gain faded as neither country confirmed it. Saudi Arabia called for an urgent OPEC+ meeting, and a WSJ report said Riyadh would consider large curbs if others joined.
The possibility of a major OPEC+ supply cut supports crude and energy costs, but the lack of confirmation limits the durability of the move. Continued weak demand from the coronavirus outbreak still pressures prices.
Après 626 événements géopolitique haussier passés, Pétrole brut (WTI) a varié en médiane de +2,1 % sur 5 séances (62 % de hausses ; moitié centrale de -2,3 % à +8,5 %), et de +1,6 % sur 20.
Après 656 événements géopolitique haussier passés, Pétrole brut (Brent) a varié en médiane de +1,9 % sur 5 séances (63 % de hausses ; moitié centrale de -2,7 % à +6,6 %), et de +0,7 % sur 20.
Variations du benchmark de chaque matière depuis la dernière clôture avant l'événement. Les lectures historiques regroupent les événements passés de même nature ; elles décrivent ce qui s'est passé, pas ce qui arrivera. Ceci n'est pas un conseil en investissement.
Trump's tweet about 10-15M bpd cuts and Saudi call for an urgent OPEC+ meeting spiked prices on April 2 despite lack of confirmation.
Trump's claim of a 10-15 million bpd Saudi-Russia cut and the Saudi call for an urgent OPEC+ meeting drove the surge, though doubts capped some gains.
Describes the Trump-announced supply-cut surge and the Saudi call for an urgent OPEC+ meeting, though part of the gain faded.
Trump's tweet on major supply cuts and Saudi's call for an urgent OPEC+ meeting drove the surge, though gains partly faded.
Trump's tweet on Saudi-Russia cuts and Saudi call for urgent OPEC+ meeting fueled the surge, though gains partly faded without confirmation.