# Oil Up, Oil Down : Planet Money : NPR

> Brent crude fell from about $86 to roughly $66 a barrel between early October and mid-November 2018, a decline of about 23 percent after a rise from summer 2017. The article attributes the drop to rising U.S. output, exemptions to Iran sanctions, slowing global growth and a stronger U.S. dollar.

- Date: 2018-11-14 · published 2018-11-14T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/10782-oil-up-oil-down-planet-money-npr
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower crude weakens the energy-linked support for biofuel feedstocks such as soybean oil and corn ethanol, which pulls on feed-ingredient prices. A stronger dollar also makes dollar-priced commodities more expensive for foreign buyers.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2018-06-17 | [The Fed Is Driving Down Oil Prices \| OilPrice.com](https://feedsoft.ai/events/64443-the-fed-is-driving-down-oil-prices-oilprice-com.md) | +2.6% | +2.7% |
| BRENT | 2020-04-20 | [US oil prices turn negative as demand dries up](https://feedsoft.ai/events/4480-us-oil-prices-turn-negative-as-demand-dries-up.md) | -21.7% | +34.7% |
| BRENT | 2025-10-01 | [Oil slumps to 16-week low on U.S. shutdown and possible OPEC+ plans](https://feedsoft.ai/events/23037-oil-slumps-to-16-week-low-on-u-s-shutdown-and-possible-opec-plans.md) | -2.2% | -5.2% |
| BRENT | 2020-09-25 | [Oil prices down for the week on new coronavirus concerns](https://feedsoft.ai/events/51290-oil-prices-down-for-the-week-on-new-coronavirus-concerns.md) | -3.0% | +0.7% |
| BRENT | 2019-09-18 | [Rand steadies as investors wait on US fed rates, stocks down - Moneyweb](https://feedsoft.ai/events/57365-rand-steadies-as-investors-wait-on-us-fed-rates-stocks-down-moneyweb.md) | -2.2% | -9.4% |
| WTI | 2018-06-17 | [The Fed Is Driving Down Oil Prices \| OilPrice.com](https://feedsoft.ai/events/64443-the-fed-is-driving-down-oil-prices-oilprice-com.md) | +5.9% | +4.8% |
| WTI | 2018-11-30 | [Crude Oil Dragging Down Corn \| Red River Farm Network](https://feedsoft.ai/events/62099-crude-oil-dragging-down-corn-red-river-farm-network.md) | +0.1% | -12.1% |
| WTI | 2020-04-20 | [US oil prices turn negative as demand dries up](https://feedsoft.ai/events/4480-us-oil-prices-turn-negative-as-demand-dries-up.md) | -32.4% | +73.9% |

## Sources

- npr.org: https://www.npr.org/sections/money/2018/11/14/667936543/oil-up-oil-down

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.