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WTI crude traded below its rising 200-hour moving average at $100.08 and the $100 level, hitting a session low of $99.79. The break was a short-lived dip in the price trend.
Routine technical movement around $100 gives little new supply or demand information. Feed costs tied to energy and biofuel margins are unchanged in substance.
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.