Memuat…
US oil prices turned negative for the first time, with WTI falling as low as minus $37.63 a barrel. Producers paid buyers to take crude as storage capacity was expected to run out, while lockdowns had dried up demand.
The negative price reflects a storage-driven glut from lockdown-driven demand loss, signalling deep downward pressure on crude. Lower energy prices reduce input costs but also weaken biofuel economics that support vegetable oil and grain demand.
bbc.comAdd as preferred on Google20 Apr 2020Setelah 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.
WTI turning negative on 20 April signaled storage exhaustion and demand collapse, spilling over into Brent via sentiment and a rush out of futures.
WTI going negative on Apr 20 triggered contagion and panic into Brent, with the storage shortage signaling the same glut risk globally.
