
Oil fell for a fifth straight day on Thursday to its lowest since January 2019, with Brent down 2.8% near $51.96 and WTI down 2.7% near $47.38. Brent and WTI had lost about 10% over five sessions, their largest such losses since August 2019.
Consultants cut 2020 oil demand growth to practically zero because of the outbreak, signaling weaker global economic activity and lower energy costs that can ease feed transport and processing expenses.
Na 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.
Describes a fifth straight daily decline with Brent and WTI losing about 10% over five sessions on virus-driven demand concerns, matching the window and magnitude.
Documents five straight daily declines and ~10% losses for Brent and WTI, the largest since Aug 2019, on demand worries.