Memuat…
Brent settled 1.6% lower and WTI fell 2.2% on Monday, October 2, 2023, extending a fourth straight daily decline. Brent traded below $90 a barrel on Tuesday.
Fed officials signaled that rates would stay restrictive for some time to bring inflation down.
Expectations of higher-for-longer rates raise recession risk and reduce expected oil demand, which weighs on crude and diesel prices. Stronger dollar conditions can also affect commodity import demand.
thenationalnews.comSarmad Khan3 Okt 2023Setelah 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.
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 2.356 peristiwa makro bullish sebelumnya, Dolar AS (Luas) bergerak median +0,2% selama 5 sesi (60% lebih tinggi; separuh tengah -0,3% sampai +0,7%), dan +0,4% 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.
A fourth straight daily decline on restrictive Fed rate signals and macro concerns added to the early-window drop.
Covers Oct 2 settlement declines and hawkish Fed signals of restrictive rates, a macro demand/sentiment headwind, though it reports a smaller 1.6% settlement move.
Prior declines on macro concerns and a restrictive Fed set up a weak sentiment backdrop that made the Oct 4 drop sharper.
