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Oil fell about $5 a barrel on Monday, its worst day since March, after OPEC+ agreed to boost output. Rising COVID-19 infections driven by the Delta variant raised concerns about demand.
Expected supply increases combined with demand fears push crude lower, and the energy selloff weighs on feed-linked costs such as biofuel-related soybean oil and diesel.
reuters.comLaila Kearney19 Jul 2021Setelah 215 peristiwa kebijakan bearish sebelumnya, Minyak Mentah (WTI) bergerak median +0,1% selama 5 sesi (51% lebih tinggi; separuh tengah -4,4% sampai +3,3%), dan +0,2% selama 20 sesi.
Setelah 210 peristiwa kebijakan bearish sebelumnya, Minyak Mentah (Brent) bergerak median -0,9% selama 5 sesi (48% lebih tinggi; separuh tengah -3,8% sampai +3,2%), dan +0,2% 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.
Reports Brent/oil fell about $5 on July 19, its worst day since March, as the OPEC+ deal to boost output (supply) combined with Delta-driven demand fears.
Oil fell about $5 on its worst day since March as the OPEC+ output increase combined with Delta demand worries.
Brent fell about $5 on Monday July 19, its worst day since March, after the OPEC+ output increase deal and Delta demand fears, which matches the measured drop.
