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WTI crude traded at $88.56 a barrel early Sunday, down 0.2%, while Brent held at $95.84. Rising U.S. commercial crude inventories and Benin's return as a small crude exporter offset ongoing Middle East tensions.
Crude prices feed directly into diesel, ethanol and fertilizer costs for feed producers and into the vegetable oil complex via biofuel economics. A rise in U.S. stocks and new supply points to softer crude prices, though geopolitical risk keeps a floor under them.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.