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Oil prices plunged about $10 a barrel on November 26, 2021, their largest one-day drop since April 2020. The sell-off followed the WHO's designation of the new Omicron variant as a concern and travel restrictions in several countries.
Fears that the variant could curb travel and fuel demand, combined with a looming supply surplus, pressured crude prices sharply lower.
reuters.comLaura Sanicola26 nov 2021Na 32 eerdere neerwaarts ziekte-gebeurtenissen bewoog Ruwe olie (WTI) zich mediaan -5,2% over 5 sessies (13% hoger; middelste helft -15,0% tot -2,4%), en -5,7% over 20.
Na 26 eerdere neerwaarts ziekte-gebeurtenissen bewoog Ruwe olie (Brent) zich mediaan -6,0% over 5 sessies (15% hoger; middelste helft -13,3% tot -2,0%), en -6,8% 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.
Reports the roughly $10/bbl one-day plunge, the largest since April 2020, driven by the WHO's Omicron designation and travel restrictions that threaten fuel demand.
Largest one-day oil drop since April 2020 after the WHO designated Omicron a variant of concern and travel curbs followed, a demand-sentiment shock inside the window.
Largest daily drop since April 2020 after WHO designated Omicron a variant of concern and travel restrictions followed, hitting demand expectations.
