Memuat…
Crude oil futures fell sharply on Nov. 19 as new COVID-19 lockdowns in Europe and a stronger US dollar weighed on the market.
NYMEX December WTI settled down $2.91 at $76.10/b and ICE January Brent settled at $78.89/b. Austria announced a nationwide lockdown starting Nov.
22, and Germany tightened restrictions for unvaccinated citizens.
Lockdowns cut fuel demand expectations and a stronger dollar makes dollar-priced commodities more expensive abroad, both bearish for energy and energy-linked feed costs such as biofuel-driven soybean oil and corn ethanol margins.
spglobal.comChris van Moessner19 Nov 2021Setelah 255 peristiwa geopolitik bearish sebelumnya, Minyak Mentah (WTI) bergerak median -2,4% selama 5 sesi (31% lebih tinggi; separuh tengah -7,0% sampai +1,7%), dan -5,0% selama 20 sesi.
Setelah 250 peristiwa geopolitik bearish sebelumnya, Minyak Mentah (Brent) bergerak median -3,1% selama 5 sesi (36% lebih tinggi; separuh tengah -7,9% sampai +1,6%), dan -5,5% selama 20 sesi.
Setelah 89 peristiwa geopolitik bullish sebelumnya, Dolar AS (Luas) bergerak median +0,5% selama 5 sesi (74% lebih tinggi; separuh tengah -0,0% sampai +1,0%), dan +0,3% 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.
Directly describes the Nov. 19 WTI settlement drop of $2.91 to $76.10 driven by European COVID lockdowns (Austria, Germany) cutting demand expectations and a stronger US dollar.
Same-day report attributes the Brent/WTI selloff to new European COVID lockdowns (Austria, Germany) hurting demand expectations plus a stronger US dollar.
