Oil fell about 5% on February 2 after Trump said Iran was seriously talking with Washington, signalling de-escalation. Brent traded near $65.86 and WTI near $61.79 after both had posted their biggest monthly gains since 2022 in January.
Falling supply disruptions in the US and Kazakhstan also weighed on prices.
The fading geopolitical premium and the return of supply to the market reduce crude costs for feed producers. Analysts say the market is fundamentally bearish, which points to further downside if the tensions stay eased.
Setelah 250 peristiwa geopolitik bearish sebelumnya, Minyak Mentah (Brent) bergerak median -3,1% selama 5 sesi (36% lebih tinggi; separuh tengah -7,9% sampai +1,6%), dan -5,5% selama 20 sesi.
Setelah 255 peristiwa geopolitik bearish sebelumnya, Minyak Mentah (WTI) bergerak median -2,4% selama 5 sesi (31% lebih tinggi; separuh tengah -7,0% sampai +1,7%), dan -5,0% 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 fell about 5% on Feb 2 as Trump said Iran was seriously talking with Washington, so the geopolitical risk premium came out after January's big rally.