
OPEC Plus decided to continue its gradual program of adding oil to the market by raising production by 400,000 barrels a day in January. The group made the same increase it has made in recent months.
The decision was taken at a meeting where the main choice was whether to pause the plan.
A continuation of planned output growth adds crude supply at a time of weak prices, which is bearish for energy. Lower crude tends to weigh on diesel and biofuel costs that influence demand for vegetable oils and feed ingredients.
Setelah 215 peristiwa kebijakan bearish sebelumnya, Minyak Mentah (WTI) bergerak median +0,1% selama 5 sesi (51% lebih tinggi; separuh tengah -4,4% sampai +3,3%), dan +0,2% selama 20 sesi.
Setelah 210 peristiwa kebijakan bearish sebelumnya, Minyak Mentah (Brent) bergerak median -0,9% selama 5 sesi (48% lebih tinggi; separuh tengah -3,8% sampai +3,2%), dan +0,2% 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.