
Oil prices doubled over five days into early May 2020 and rose above $25 a barrel in New York. Russian output fell 16% in early May, Permian shut-ins were expected near 1 million b/d, and OPEC+ began 9.7 million b/d of cuts on May 1.
Analysts still expected demand to take at least a year to return to pre-virus levels.
Large supply curtailments and a demand floor lift crude costs and reduce the risk of storage shortages, supporting energy-linked feed and biofuel input prices.
在过去 438 次看涨的政策事件之后,原油(WTI) 在 5 个交易日内中位数变动 +0.9%(61% 上涨;中间一半区间为 -2.2% 至 +4.6%),20 个交易日内为 +2.0%。
在过去 442 次看涨的政策事件之后,原油(Brent) 在 5 个交易日内中位数变动 +1.4%(60% 上涨;中间一半区间为 -2.0% 至 +4.9%),20 个交易日内为 +2.1%。
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。
Explains the doubling of oil over five days into early May through OPEC+ 9.7m b/d cuts, Russian and Permian output drops and stabilizing demand.