
Brent settled at $76.45 a barrel on June 17, up 4.4%, and WTI finished at $74.84, up 4.28%. The Iran-Israel conflict continued with no end in sight.
Major oil and gas infrastructure and flows had so far been largely spared.
Continued conflict keeps a geopolitical risk premium in crude, raising fuel and freight costs for feed buyers. Because infrastructure has not been hit, the move is more a risk premium than a confirmed supply loss.
Setelah 656 peristiwa geopolitik bullish sebelumnya, Minyak Mentah (Brent) bergerak median +1,9% selama 5 sesi (63% lebih tinggi; separuh tengah -2,7% sampai +6,6%), dan +0,7% selama 20 sesi.
Setelah 626 peristiwa geopolitik bullish sebelumnya, Minyak Mentah (WTI) bergerak median +2,1% selama 5 sesi (62% lebih tinggi; separuh tengah -2,3% sampai +8,5%), dan +1,6% 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.
Brent rose another 4.4% to $76.45 on June 17 as the conflict escalated with no end in sight, extending the rally into the end of the window.