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Oil prices rose 8% on Thursday, March 17, 2022, recovering from several days of losses. The rebound reflected renewed concern about supply shortages in the coming weeks because of sanctions on Russia, the world's second-largest crude exporter.
Sanctions-driven supply fears lift crude prices, which raise diesel, freight and fertilizer costs for feed producers and support biofuel-linked feedstocks such as soybean oil and corn.
cnbc.comReuters17 Mar 2022
reuters.comArathy Somasekhar17 Mar 2022Setelah 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.
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 250 peristiwa geopolitik bullish sebelumnya, ULSD / Solar bergerak median +1,7% selama 5 sesi (58% lebih tinggi; separuh tengah -3,6% sampai +8,7%), dan +0,9% 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.
Oil rose 8% on March 17 on renewed fears of Russian supply shortages from sanctions, driving the rebound in ULSD during the window.
The 8% rebound on March 17 on renewed Russian supply-shortage fears began the recovery from the March 15-16 low, lifting the 5-day change.
The 8% rebound on March 17 on Russian supply shortage concerns raised the base from which the later gains were measured and signalled the upward momentum.
