NYMEX January WTI settled at $66.18/b, down $3.77, and ICE January Brent fell $2.87 to $70.57/b, both at their lowest since August 23. The selloff followed Moderna's CEO saying current COVID-19 vaccines may be less effective against the omicron variant, and the WHO had classed omicron as a high global risk.
Prompt-dated futures weakened sharply, narrowing backwardation.
Fears of renewed lockdowns and travel restrictions cut expected near-term crude demand, which lowers energy costs and weighs on diesel and other fuel-linked input prices for feed mills and transport.
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.
Na 79 eerdere neerwaarts macro-gebeurtenissen bewoog ULSD / Diesel zich mediaan -1,0% over 5 sessies (39% hoger; middelste helft -5,7% tot +1,7%), en -1,5% 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.
WTI fell $3.77 to $66.18 on Nov 30 as Moderna's vaccine-efficacy comments and the WHO's high-risk rating deepened the selloff, a lowest since August.
On Nov 30 Brent fell $2.87 to a three-month low after vaccine-efficacy doubts, extending the decline within the window.
Oil fell to three-month lows on Dec 1 as vaccine-efficacy worries grew, extending the selloff within the window.