
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.
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%。
在过去 565 次看跌的宏观事件之后,原油(WTI) 在 5 个交易日内中位数变动 -1.4%(41% 上涨;中间一半区间为 -5.9% 至 +3.0%),20 个交易日内为 -0.5%。
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。
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.