
Oil fell about 3% to a one-month low after EIA data showed a larger-than-expected drop in crude inventories but weaker US gasoline demand. Hurricane Laura disrupted output and refining in the Gulf Coast.
Brent settled near $44.43 and WTI near $41.51.
Softer gasoline demand signals slower economic recovery and weaker fuel consumption, pressuring crude and energy-linked prices.
Setelah 171 peristiwa laporan bearish sebelumnya, Minyak Mentah (WTI) bergerak median -1,5% selama 5 sesi (37% lebih tinggi; separuh tengah -4,8% sampai +1,9%), dan -0,9% selama 20 sesi.
Setelah 129 peristiwa laporan bearish sebelumnya, Minyak Mentah (Brent) bergerak median -1,3% selama 5 sesi (45% lebih tinggi; separuh tengah -3,9% sampai +2,5%), dan +0,4% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Dated 2020-09-02, it reports oil falling about 3% to a one-month low on weak US gasoline demand in EIA data, a demand-side driver that coincides with the move.
It reports the prior day's drop on weak gasoline demand and Hurricane Laura disruptions, which set up the downtrend and confirm the demand weakness, but it is dated a day earlier than the move.