
Brent was trading near $126 to $131 and WTI near $120 to $126 as investors weighed the US ban on Russian oil imports. Traders said the ban might not worsen the supply shock, and Russia announced a ceasefire to let civilians leave Ukraine.
The IEA's 60 million barrel reserve release was described as an initial response.
Doubts that the US import ban would tighten supply capped crude prices near record levels. Energy costs remain elevated, which keeps pressure on feed and biofuel margins.
Setelah 63 peristiwa geopolitik netral sebelumnya, Minyak Mentah (Brent) bergerak median -0,5% selama 5 sesi (44% lebih tinggi; separuh tengah -4,4% sampai +2,6%), dan -2,7% selama 20 sesi.
Setelah 60 peristiwa geopolitik netral sebelumnya, Minyak Mentah (WTI) bergerak median -0,9% selama 5 sesi (43% lebih tinggi; separuh tengah -4,7% sampai +2,3%), dan -1,9% 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 traders judged the US import ban might not worsen the supply shock and that Russia announced a ceasefire for civilians, reducing the risk premium.