Memuat…
OPEC and its allies said they would crack down on members that fail to comply with output cuts, and the panel did not recommend changes to the 7.7 million bpd reduction target. Laggards Iraq, Nigeria and the UAE were pressed to compensate for May-July overproduction, with the compensation period extended to end-December.
Brent and WTI rose about 2% after both had gained more than 4% the previous day.
Tighter enforcement of cuts reduces expected crude supply, which lifts diesel and energy input costs for feed milling and transport. Higher crude also tends to support vegetable oil and biofuel economics.
cnbc.comReuters17 Sep 2020Setelah 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.
Notes both Brent and WTI gained more than 4% the previous day (Sept 16), confirming the size of the move, and shows OPEC+ compliance support added to sentiment.
