Laden…
Crude oil broke below $60 per barrel for the first time since March 29 and closed at $57.74 as US-China trade tensions increased. Stocks and bond yields also fell, and independent oil and gas producers dropped sharply.
Analysts noted that an OPEC output cut could stabilize prices but was unlikely before a later summer meeting.
Trade-driven demand concerns are overpowering supply factors and pushing crude lower. Weaker energy prices reduce biofuel economics and can soften demand for corn and soybean oil.
investopedia.comJohn Jagerson24 mei 2019Na 80 eerdere neerwaarts handel-gebeurtenissen bewoog Ruwe olie (WTI) zich mediaan -2,2% over 5 sessies (30% hoger; middelste helft -6,9% tot +0,8%), en -1,5% over 20.
Na 56 eerdere neerwaarts handel-gebeurtenissen bewoog Ruwe olie (Brent) zich mediaan -5,6% over 5 sessies (20% hoger; middelste helft -9,0% tot -1,7%), en -4,5% 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 fell below $60 and closed at $57.74 on escalating US-China trade tensions, weakening the demand outlook, though it dates from May 24, about 8 trading days before the window end.
