
OPEC+ held a record-short online meeting and agreed to raise its collective oil production target by 400,000 barrels per day for March, sticking to its previously planned increase. The decision came after oil prices rose about 15% during January amid geopolitical tensions.
The group avoided discussing geopolitics or its limited spare capacity.
With little spare capacity, a modest planned increase does little to ease tight crude supply, which keeps energy costs elevated for feed producers through diesel, natural gas and fertilizer. Higher energy costs also feed into freight and processing expenses.
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.
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.
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.