
Oil prices fell below $100/bbl after the US and Iran agreed to a two-week ceasefire. Brent dropped as much as 16% to near $94, and WTI posted its steepest drop in almost six years.
European diesel futures fell as much as 23%, with the API reporting a larger-than-expected US crude build.
The ceasefire eases fears of prolonged Strait of Hormuz disruption, reducing crude and diesel price support and lowering energy input costs for feed production, transport and fertilizer. Prices will depend on whether talks produce a durable deal and normal strait flows.
Na 250 eerdere neerwaarts geopolitiek-gebeurtenissen bewoog Ruwe olie (Brent) zich mediaan -3,1% over 5 sessies (36% hoger; middelste helft -7,9% tot +1,6%), en -5,5% over 20.
Na 255 eerdere neerwaarts geopolitiek-gebeurtenissen bewoog Ruwe olie (WTI) zich mediaan -2,4% over 5 sessies (31% hoger; middelste helft -7,0% tot +1,7%), en -5,0% over 20.
Na 51 eerdere neerwaarts geopolitiek-gebeurtenissen bewoog ULSD / Diesel zich mediaan -2,4% over 5 sessies (37% hoger; middelste helft -8,2% tot +3,9%), en -2,3% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
US-Iran two-week ceasefire sent oil below $100 and European diesel futures down as much as 23%, directly driving the ULSD collapse on April 8.
European diesel futures fell as much as 23% and oil slumped below $100 on the ceasefire, directly transmitting to ULSD benchmarks.