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Oil prices fell after an unexpected rise in U.S. crude inventories and comments from Rosneft's head questioning the OPEC supply deal. Brent and WTI both traded lower in early Asian trade.
Weaker crude prices reduce energy and biofuel input costs, and questions about OPEC supply discipline point to a more bearish energy outlook for feed-linked commodities.
straitstimes.comJun 5, 2019Not enough comparable past events yet for a historical read.
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.
