Memuat…
Crude oil benchmarks ended March with their biggest monthly and quarterly losses on record, each losing roughly two-thirds of its value in the quarter. The declines followed the coronavirus-driven economic freeze and a price war between Russia and Saudi Arabia.
Trump and Putin agreed to talks on stabilizing energy markets, which gave prices some support.
Collapsing fuel demand and a supply surge cut crude prices sharply, which lowers diesel and energy costs for feed producers and feed ingredients' freight and processing costs. The price pressure is expected to continue while demand stays depressed.
reuters.comDevika Krishna Kumar31 Mar 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.
Describes the March 31 close with record monthly/quarterly losses driven by demand collapse and the Saudi-Russia price war, matching the day's selloff context.
Record monthly and quarterly losses on Mar 31 reflect demand freeze and price war; Trump-Putin talks gave only limited support.
