Memuat…
Oil prices fell to their lowest levels in over 17 years as Saudi Arabia signaled no breakthrough in its price war with Russia. Coronavirus lockdowns grounded flights and reduced fuel demand.
WTI briefly dipped below $20 and Brent hit $23.03 on the same day.
The supply dispute between Saudi Arabia and Russia combined with collapsing demand creates a double hit on crude prices. Lower energy prices reduce costs for feed transport and processing, though the economic slump may weigh on livestock demand.
cnbc.comWeizhen Tan30 Mar 2020Setelah 255 peristiwa geopolitik bearish sebelumnya, Minyak Mentah (WTI) bergerak median -2,4% selama 5 sesi (31% lebih tinggi; separuh tengah -7,0% sampai +1,7%), dan -5,0% selama 20 sesi.
Setelah 250 peristiwa geopolitik bearish sebelumnya, Minyak Mentah (Brent) bergerak median -3,1% selama 5 sesi (36% lebih tinggi; separuh tengah -7,9% sampai +1,6%), dan -5,5% 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.
Saudi-Russia price war with no breakthrough plus grounded flights pushed Brent to $23, combining supply glut and demand collapse.
No breakthrough in the Saudi-Russia price war plus grounded flights pushed prices to multi-year lows, supply and demand pressure feeding the March 31 drop.
