Laden…
US crude oil prices crashed as much as 34% intraday to a four-year low of $27.34 a barrel as traders braced for Saudi Arabia to flood the market. WTI settled down nearly 26% at $31.13, while Brent closed down 24% at $33.36, both their worst days since 1991.
A price war and weak demand point to sustained oversupply, bearish for crude and energy-linked feed input costs such as biofuel feedstocks.
cnn.comMatt Egan8 mrt 2020Na 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 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 28 eerdere neerwaarts geopolitiek-gebeurtenissen bewoog Sojaolie zich mediaan -2,7% over 5 sessies (21% hoger; middelste helft -8,3% tot -0,7%), 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.
Brent closed down 24% in its worst day since 1991 as Saudi Arabia launched a price war, accounting for most of the 5-day decline.
It documents the crash in Brent and WTI as Saudi Arabia launched its price war, which is the move itself and its supply-driven cause.
Documents the crash as Saudi Arabia launched its price war, with Brent closing down about 24% and traders bracing for a market flood; its dating to March 8 is likely a weekend or timezone artifact.
The worst crude daily drop since 1991 intensified energy-linked selling across vegetable oils.
