
Brent crude traded above $70 a barrel, supported by US sanctions on Iranian and Venezuelan fuel exports and by OPEC production costs. These factors were said to offset concerns about the global economy.
The report is a short Ritzau market note.
Sanctions-driven tightness in crude supply raises energy and freight costs for feed producers. The price support is partly offset by macro worries about demand.
Setelah 656 peristiwa geopolitik bullish sebelumnya, Minyak Mentah (Brent) bergerak median +1,9% selama 5 sesi (63% lebih tinggi; separuh tengah -2,7% sampai +6,6%), dan +0,7% 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.