
Crude futures jumped about 10% on April 2, 2020, after Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their price war. Brent rose 11.36% to $27.55 and WTI gained 10% to $22.34.
US crude stockpiles posted their biggest weekly rise since 2016.
Expectations of a Saudi-Russia production deal support crude prices and energy input costs. Rising US crude stockpiles are a bearish offset that limits the rally.
Após 626 eventos altista de geopolítica passados, Petróleo (WTI) subiu em mediana +2,1% em 5 sessões (62% de alta; metade central de -2,3% a +8,5%), e +1,6% em 20.
Após 656 eventos altista de geopolítica passados, Petróleo (Brent) subiu em mediana +1,9% em 5 sessões (63% de alta; metade central de -2,7% a +6,6%), e +0,7% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
Describes the same April 2 truce-hope rally, though at an earlier intraday magnitude; contributes to sentiment-driven short covering.
Reports an intraday ~10% jump on truce hopes, part of the April 2 surge.
Intraday rally of about 10% on truce hopes was part of the April 2 surge.
Describes the April 2 rally on truce hopes, though the magnitude cited is smaller than final settlement.
Describes the same April 2 truce-hopes rally with Trump's comments, though with smaller figures than the final settlement.