
Brent and U.S. crude benchmarks each settled down about 13% in their biggest weekly falls in two years after President Biden announced a release from the U.S. Strategic Petroleum Reserve. Brent futures were down 32 cents at $104.39 a barrel in early trade.
A large government stock release adds near-term supply to a tight market, which pressures crude and fuel prices lower. The size of the weekly drop shows how strongly the market reacted to the policy move.
Na 215 eerdere neerwaarts beleid-gebeurtenissen bewoog Ruwe olie (WTI) zich mediaan +0,1% over 5 sessies (51% hoger; middelste helft -4,4% tot +3,3%), en +0,2% over 20.
Na 210 eerdere neerwaarts beleid-gebeurtenissen bewoog Ruwe olie (Brent) zich mediaan -0,9% over 5 sessies (48% hoger; middelste helft -3,8% tot +3,2%), en +0,2% 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.
Brent's roughly 13% weekly fall, the largest in two years, is attributed directly to the US SPR release announcement, which adds emergency supply.