Oil prices extended gains after settlement on new US sanctions against Russian oil companies. Brent was up about 5% at $64.35 and WTI rose 2.4% to $59.92.
Sanctions on major Russian producers reduce expected supply and support crude prices. Higher crude costs feed into diesel and freight for feed buyers.
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.
Setelah 626 peristiwa geopolitik bullish sebelumnya, Minyak Mentah (WTI) bergerak median +2,1% selama 5 sesi (62% lebih tinggi; separuh tengah -2,3% sampai +8,5%), dan +1,6% 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.
Oil extended gains on Oct 22 after the sanctions announcement, with Brent up about 5%, which is the supply-risk shock behind the move.
Reports Brent extending gains about 5% after the sanctions news, confirming the supply-shock price reaction.