
Brent crude fell more than 12.5% as the coronavirus spread prompted widening restrictions that threatened the largest annual drop in oil demand on record. Saudi Aramco's CFO said the company was very comfortable with oil at $30 a barrel, and gasoline futures hit their weakest level since at least 2005.
Collapsing fuel demand cuts diesel and energy costs for feed mills and lowers the value of biofuel-linked feedstocks. Lower crude prices are bearish for energy-linked agricultural commodities.
312 geçmiş düşüş yanlı makro olayları olayından sonra, Ham petrol (Brent) 5 seansta medyan %-1,7 hareket etti (%38 daha yüksek; orta yarı %-5,4 ile +%2,3 arası) ve 20 seansta %-1,7.
565 geçmiş düşüş yanlı makro olayları olayından sonra, Ham petrol (WTI) 5 seansta medyan %-1,4 hareket etti (%41 daha yüksek; orta yarı %-5,9 ile +%3,0 arası) ve 20 seansta %-0,5.
Her emtianın referansının olaydan önceki son kapanışa göre hareketi. Geçmiş okumalar aynı türdeki geçmiş olayları birleştirir; neyin olduğunu anlatır, neyin olacağını değil. Yatırım tavsiyesi değildir.
Bloomberg report of Brent falling over 12.5% to the lowest since 2016 on collapsing demand from virus restrictions, matching the size and timing of the Mar 16 drop.
Brent fell more than 12.5% on widening virus restrictions threatening record demand decline, with Aramco comfortable with $30 oil signalling no supply restraint.
Brent fell more than 12.5% as the demand collapse and a price-war supply glut hit oil, with the largest annual demand drop on record in prospect.
Describes the demand-collapse rout in oil around March 15-16, with the largest annual demand drop on record feeding the selloff that continued on March 17.