
Brent crude passed $113 a barrel on March 2, 2022, its highest level since June 2014, as traders bought non-Russian crude. Buyers avoided Russian oil over sanctions and payment and shipping difficulties, and Trafigura could not sell a Russian cargo even at a record $18.60 discount to Brent.
Gas prices in the UK also roughly doubled.
Loss of Russian barrels from the market, roughly 8% of global supply, tightens crude and diesel availability and raises transport and feed production costs. The sanctions-driven discount on Russian crude shows the disruption is in trade flows, not just volumes.
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.
Após 250 eventos altista de geopolítica passados, ULSD / Diesel subiu em mediana +1,7% em 5 sessões (58% de alta; metade central de -3,6% a +8,7%), e +0,9% 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.
Brent passed $113 on March 2 as buyers shunned Russian crude and shifted to non-Russian barrels, a trade-flow and supply shock.
Buyers shunned Russian crude and shifted to non-Russian barrels, lifting Brent above $113 on March 2.