Crude prices jumped after OPEC reached a deal to raise production moderately, with WTI up about 3.3% at $67.69 and Brent up 2.7% at $75.07. The headline increase is 1 million bpd, but only about 600,000 bpd is expected to reach the market due to supply constraints in some countries.
The effective increase is roughly in line with expectations and does not change the bullish balance, especially with OECD inventories below their five-year average. Crude strength passes through to fuel and freight costs for feed.
Setelah 438 peristiwa kebijakan bullish sebelumnya, Minyak Mentah (WTI) bergerak median +0,9% selama 5 sesi (61% lebih tinggi; separuh tengah -2,2% sampai +4,6%), dan +2,0% selama 20 sesi.
Setelah 442 peristiwa kebijakan bullish sebelumnya, Minyak Mentah (Brent) bergerak median +1,4% selama 5 sesi (60% lebih tinggi; separuh tengah -2,0% sampai +4,9%), dan +2,1% 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.