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Crude oil fell 0.5% on Monday, its fourth straight daily decline, leaving prices within pennies of a 20% drop from late April. The article is a subscriber-only preview with limited detail.
Continued declines in crude reduce energy input costs and weigh on biofuel-linked demand for vegetable oils. The move is routine price action without a new cause.
bloomberg.comAlex NussbaumJun 2, 2019Not 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.
