
Crude oil returned to a bull market after a 23 percent recovery from its December lows, with intermediate crude closing at $52.36 a barrel. Investors who had sold off oil a month earlier came back amid an OPEC-led campaign to curb supply.
Coordinated OPEC production cuts tighten crude supply, which lifts energy costs and supports biofuel margins that influence demand for soybean oil and corn. Higher crude also raises diesel and freight costs for feed ingredients.
Na 438 eerdere opwaarts beleid-gebeurtenissen bewoog Ruwe olie (WTI) zich mediaan +0,9% over 5 sessies (61% hoger; middelste helft -2,2% tot +4,6%), en +2,0% over 20.
Na 442 eerdere opwaarts beleid-gebeurtenissen bewoog Ruwe olie (Brent) zich mediaan +1,4% over 5 sessies (60% hoger; middelste helft -2,0% tot +4,9%), en +2,1% 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.
Crude re-entered a bull market on OPEC-led supply curbs and trade talks, as investors returned after the December selloff.