
Crude oil prices suffered their biggest daily rout in years, falling nearly 25% as the coronavirus spread amplified fears of a global recession. The slump triggered panic selling and heavy losses on Wall Street's main stock indexes.
The collapse in crude prices lowers energy costs and reflects weakening fuel demand, which can pressure feed-related commodities and freight markets through lower biofuel and energy linkages.
Setelah 301 peristiwa makro bearish sebelumnya, Jagung bergerak median -0,1% selama 5 sesi (47% lebih tinggi; separuh tengah -2,2% sampai +1,3%), dan +0,2% selama 20 sesi.
Setelah 51 peristiwa makro bearish sebelumnya, Minyak Sawit bergerak median -1,3% selama 5 sesi (35% lebih tinggi; separuh tengah -4,1% sampai +1,1%), dan -1,8% selama 20 sesi.
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 40 peristiwa makro bearish sebelumnya, Minyak Kedelai bergerak median -0,8% selama 5 sesi (45% lebih tinggi; separuh tengah -4,5% sampai +1,7%), dan -1,5% 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.
The roughly 25% crude oil crash on March 9 cut biodiesel/energy-linked demand for soybean oil and set off a broad risk-off selloff, directly pressuring soyoil.
Crude suffered its biggest daily rout in years, nearly 25%, as the Saudi-Russia price war combined with coronavirus recession fears.
The roughly 25% daily rout combined supply-war fears with coronavirus recession concerns, causing panic selling.
Describes the Saudi-Russia price war combined with coronavirus recession fears driving panic selling in crude on the day.
Crude's roughly 25% one-day plunge amplified recession fears and caused broad commodity selling, including palm.