File:Brent crude oil futures prices, August 2019 through January 2020 (49467835818).png
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Brent_crude_oil_futures_prices,_August_2019_through_January_2020_(49467835818).png (751 × 374 pixels, file size: 70 KB, MIME type: image/png)
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Summary
| Description |
Crude oil supply disruptions—realized or expected—can have large and immediate effects on crude oil prices. Two recent events, the September 2019 attacks on Saudi Aramco facilities at Abqaiq and Khurais (which disrupted crude oil volumes) and the January 2020 military operations in Iraq (which did not disrupt crude oil volumes), led to relatively large daily price changes and intraday price movements—movements within single trading days. Intraday prices of front-month Brent crude oil futures for the two events followed a broadly similar path at first: an upward movement as market participants reacted to the news and a downward movement as new information was incorporated. <a href="https://www.eia.gov/todayinenergy/detail.php?id=42675" rel="noreferrer nofollow">www.eia.gov/todayinenergy/detail.php?id=42675</a> January 31, 2020 |
| Date | |
| Source | Brent crude oil futures prices, August 2019 through January 2020 |
| Author | U.S. Energy Information Administration |
Licensing
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This image is a work of a United States Department of Energy (or predecessor organization) employee, taken or made as part of that person's official duties. As a work of the U.S. federal government, the image is in the public domain.
Please note that national laboratories operate under varying licences and some are not free. Check the site policies of any national lab before crediting it with this tag.
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This image was originally posted to Flickr by U.S. Energy Information Administration at https://flickr.com/photos/124982865@N08/49467835818 (archive). It was reviewed on 1 February 2020 by FlickreviewR 2 and was confirmed to be licensed under the terms of the United States Government Work. |
File history
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 13:49, 1 February 2020 | | 751 × 374 (70 KB) | MarginalCost | Transferred from Flickr via #flickr2commons |
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