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Global oil prices swung sharply on March 9 after nearly touching $120 per barrel earlier in the session. Markets reacted to Trump's statement that the war would be ended soon.
Prices were still significantly above pre-conflict levels.
Large intraday swings in crude feed directly into diesel and fuel costs for feed transport and grain handling. Gasoline price pressure may also influence policy responses.
washingtonpost.comEvan Halper9 Mar 2026Setelah 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.
Prices swung sharply from nearly $120 as Trump said the war would end soon, matching the reversal that produced the drop.
