Laden…
Diesel prices could jump more than 20% overnight after drone strikes on Saudi Arabia removed nearly half of its oil production, about 5% of global supply. Oil futures opened Sunday evening with first trades up more than 20%.
The national average ULSD truckstop price was $2.98 a gallon, and officials said restoration could take weeks.
A roughly 5% overnight global supply shock is historically large and pushes diesel and freight costs sharply higher. Fuel surcharges and hauling costs for feed and grain shipments would rise quickly.
freightwaves.comCraig Fuller, CEO at FreightWaves16 sep 2019Na 250 eerdere opwaarts geopolitiek-gebeurtenissen bewoog ULSD / Diesel zich mediaan +1,7% over 5 sessies (58% hoger; middelste helft -3,6% tot +8,7%), en +0,9% over 20.
Na 656 eerdere opwaarts geopolitiek-gebeurtenissen bewoog Ruwe olie (Brent) zich mediaan +1,9% over 5 sessies (63% hoger; middelste helft -2,7% tot +6,6%), en +0,7% over 20.
Na 626 eerdere opwaarts geopolitiek-gebeurtenissen bewoog Ruwe olie (WTI) zich mediaan +2,1% over 5 sessies (62% hoger; middelste helft -2,3% tot +8,5%), en +1,6% 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.
Notes oil futures opened Sunday evening up more than 20% on the Saudi outage.
Shows futures opening more than 20% higher on the loss of nearly half of Saudi output, consistent with the supply shock.
Notes oil futures opened Sunday evening sharply higher after the Saudi strikes, indicating the expected pass-through to diesel, but it is mostly forward-looking commentary.
