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Oil futures in New York dropped 2.9% on Friday, erasing earlier gains from the week that followed a US vow of tougher Iran sanctions. Trump said he had urged OPEC to bring down gasoline prices, and reports of replacement supplies for contaminated Russian crude also weighed on prices.
Expectations of extra OPEC supply and readily available replacement barrels reduce the risk premium in crude, pointing to lower energy input costs for the feed sector.
bloomberg.comAlex Nussbaum25 apr 2019Na 215 eerdere neerwaarts beleid-gebeurtenissen bewoog Ruwe olie (WTI) zich mediaan +0,1% over 5 sessies (51% hoger; middelste helft -4,4% tot +3,3%), en +0,2% over 20.
Na 210 eerdere neerwaarts beleid-gebeurtenissen bewoog Ruwe olie (Brent) zich mediaan -0,9% over 5 sessies (48% hoger; middelste helft -3,8% tot +3,2%), en +0,2% 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 the biggest oil drop in two months on Friday, driven by Trump's push for OPEC to lower prices and by replacement supplies for contaminated Russian crude easing supply worries; the listed date is off by a day but the content matches the move.
