
WTI crude futures settled down 61 cents, or 0.9%, at $65.57 a barrel on December 1, 2021, after an early rally faded. Prices fell further after U.S. officials said the Omicron variant had been detected in the country.
Brent settled down 36 cents at $68.87.
Fears that Omicron would cut fuel demand while OPEC+ and consumer nations added supply pushed crude lower. Weaker crude softens diesel and energy costs for feed producers and can pressure biofuel-linked soybean oil demand.
Setelah 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.
On Dec 1 prices settled lower as Omicron was detected in the US, adding to the window's losses.
WTI fell further on Dec 1 as Omicron was detected in the US, adding to the end of the window's losses.