
Brent crude futures fell again on Tuesday as a swelling global crude glut extended a second day of market panic. The coronavirus pandemic has sharply reduced fuel demand, leaving no clear end to the oversupply.
Collapsing fuel demand and a growing crude glut push benchmark crude lower, which weakens energy-linked costs for feed production and transport. Lower crude also reduces biofuel margins and pressures vegetable oil and corn-based ethanol economics.
在过去 312 次看跌的宏观事件之后,原油(Brent) 在 5 个交易日内中位数变动 -1.7%(38% 上涨;中间一半区间为 -5.4% 至 +2.3%),20 个交易日内为 -1.7%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。
Brent futures fell again on Apr 21 as the glut fed market panic, directly describing the sentiment and oversupply mechanism behind the drop.
Brent futures plunged again on 21 April as the global glut fed market panic, a sentiment and oversupply driver within the window.