WTI settled down $18.54, or 16%, at $94.41 a barrel on April 8 after a two-week ceasefire was announced over the Iran war. Brent fell 13% to $94.75, and product prices also tumbled.
Some ships reported being turned away from the Strait of Hormuz and Iran reportedly announced a $1 per barrel transit charge.
Crude and product declines reflect hopes for restored Gulf flows, but unclear passage through Hormuz leaves supply risk open. Lower diesel and crude prices would reduce transport and processing costs for feed.
Após 250 eventos baixista de geopolítica passados, Petróleo (Brent) subiu em mediana -3,1% em 5 sessões (36% de alta; metade central de -7,9% a +1,6%), e -5,5% em 20.
Após 255 eventos baixista de geopolítica passados, Petróleo (WTI) subiu em mediana -2,4% em 5 sessões (31% de alta; metade central de -7,0% a +1,7%), e -5,0% em 20.
Após 51 eventos baixista de geopolítica passados, ULSD / Diesel subiu em mediana -2,4% em 5 sessões (37% de alta; metade central de -8,2% a +3,9%), e -2,3% 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.
The two-week US-Iran ceasefire on April 8 triggered a 16% crude collapse and sharp product price declines, the main driver of the ULSD drop over the window.
WTI settled down 16% to $94.41 on April 8 after the two-week ceasefire announcement, the main driver of the 5-day decline.
WTI fell 16% on April 8 on the ceasefire and product prices tumbled, the same-day crude and product price shock behind the ULSD drop.
Reports the April 8 settlement drop in Brent and WTI on the ceasefire, confirming the move, while noting tenuous Hormuz flows that limited the decline.