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Oil prices plunged about $10 a barrel on November 26, 2021, their largest one-day drop since April 2020. The sell-off followed the WHO's designation of the new Omicron variant as a concern and travel restrictions in several countries.
Fears that the variant could curb travel and fuel demand, combined with a looming supply surplus, pressured crude prices sharply lower.
reuters.comLaura Sanicola26 Nov 2021Setelah 32 peristiwa penyakit bearish sebelumnya, Minyak Mentah (WTI) bergerak median -5,2% selama 5 sesi (13% lebih tinggi; separuh tengah -15,0% sampai -2,4%), dan -5,7% selama 20 sesi.
Setelah 26 peristiwa penyakit bearish sebelumnya, Minyak Mentah (Brent) bergerak median -6,0% selama 5 sesi (15% lebih tinggi; separuh tengah -13,3% sampai -2,0%), dan -6,8% 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.
Reports the roughly $10/bbl one-day plunge, the largest since April 2020, driven by the WHO's Omicron designation and travel restrictions that threaten fuel demand.
Largest one-day oil drop since April 2020 after the WHO designated Omicron a variant of concern and travel curbs followed, a demand-sentiment shock inside the window.
Largest daily drop since April 2020 after WHO designated Omicron a variant of concern and travel restrictions followed, hitting demand expectations.
