Crude and refined product futures gained on Monday after the US and Iran traded military strikes over the weekend, though prices had pulled back from earlier highs. October WTI was up $1.73 at $85.13 a barrel, and September ULSD was up 14.72 cents at $4.5039 per gallon.
The US reportedly struck rocket launchers said to be deployed to mine waters around the Strait of Hormuz.
Fighting in the Strait raises the risk of prolonged shipping disruption and tighter energy supply. Higher diesel prices increase haulage and freight costs for feed ingredients.
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.
Setelah 250 peristiwa geopolitik bullish sebelumnya, ULSD / Solar bergerak median +1,7% selama 5 sesi (58% lebih tinggi; separuh tengah -3,6% sampai +8,7%), dan +0,9% 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.