
Oil prices eased about 1% to a three-week low after the Federal Reserve held rates steady but left the door open to future hikes. A rising dollar made fuel more expensive for buyers using other currencies.
Brent settled at $84.63 a barrel and WTI at $80.44.
Lower crude prices reduce diesel and freight costs for feed producers and can weigh on biofuel-linked demand for vegetable oils. The stronger dollar adds pressure on energy prices through currency effects.
Setelah 565 peristiwa makro bearish sebelumnya, Minyak Mentah (WTI) bergerak median -1,4% selama 5 sesi (41% lebih tinggi; separuh tengah -5,9% sampai +3,0%), dan -0,5% selama 20 sesi.
Setelah 312 peristiwa makro bearish sebelumnya, Minyak Mentah (Brent) bergerak median -1,7% selama 5 sesi (38% lebih tinggi; separuh tengah -5,4% sampai +2,3%), dan -1,7% 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 fell to a three-week low on Nov 1 as the Fed's hawkish hold lifted the dollar, which signals a weakening trend heading into the Nov 7 drop, though it predates the move by several days.