
Brent rose about 7.9% and WTI settled up 8.5% on Monday after Pfizer reported its experimental COVID-19 vaccine was more than 90% effective. Saudi Arabia also said the OPEC+ output cut deal could be adjusted to balance the market.
The vaccine news improved demand prospects, while the possibility of OPEC+ supply adjustments added to the case for tighter supply, both pointing to higher energy prices.
Setelah 487 peristiwa makro bullish sebelumnya, Minyak Mentah (WTI) bergerak median +1,0% selama 5 sesi (60% lebih tinggi; separuh tengah -2,0% sampai +4,0%), dan +1,5% selama 20 sesi.
Setelah 323 peristiwa makro bullish sebelumnya, Minyak Mentah (Brent) bergerak median +0,7% selama 5 sesi (58% lebih tinggi; separuh tengah -2,9% sampai +3,7%), dan +1,3% selama 20 sesi.
Setelah 105 peristiwa makro bullish sebelumnya, ULSD / Solar bergerak median -0,4% selama 5 sesi (45% lebih tinggi; separuh tengah -3,4% sampai +1,8%), dan +1,2% 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.
Pfizer/BioNTech vaccine efficacy above 90% lifted expected demand recovery, driving Brent up about 7.9% on Nov 9, matching the move.
Crude jumped on vaccine efficacy results and Saudi comments on flexible OPEC+ cuts, supporting supply-tightening and demand optimism that lifted diesel.