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WTI crude futures settled down 61 cents, or 0.9%, at $65.57 a barrel on December 1, 2021, after an early rally faded. Prices fell further after U.S. officials said the Omicron variant had been detected in the country.
Brent settled down 36 cents at $68.87.
Fears that Omicron would cut fuel demand while OPEC+ and consumer nations added supply pushed crude lower. Weaker crude softens diesel and energy costs for feed producers and can pressure biofuel-linked soybean oil demand.
reuters.comArathy Somasekhar1 dec 2021Na 565 eerdere neerwaarts macro-gebeurtenissen bewoog Ruwe olie (WTI) zich mediaan -1,4% over 5 sessies (41% hoger; middelste helft -5,9% tot +3,0%), en -0,5% over 20.
Na 312 eerdere neerwaarts macro-gebeurtenissen bewoog Ruwe olie (Brent) zich mediaan -1,7% over 5 sessies (38% hoger; middelste helft -5,4% tot +2,3%), en -1,7% 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.
On Dec 1 prices settled lower as Omicron was detected in the US, adding to the window's losses.
WTI fell further on Dec 1 as Omicron was detected in the US, adding to the end of the window's losses.
