# Nymex Overview: Oil, Diesel Retreat as U.S. Steps Up Diplomacy -- OPIS

> ICE December Brent crude fell by $1.95 to about $113.35 per barrel, and January Brent dropped $2.15 to $109.45. Oil and diesel retreated as the US stepped up diplomacy.

- Date: 2026-10-29 · published 2026-10-29T18:06:01.561Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/1456-nymex-overview-oil-diesel-retreat-as-u-s-steps-up-diplomacy-opis
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Lower crude and diesel prices ease energy and freight costs, modestly reducing feed production and delivery expenses.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- DIESEL: bearish ▼

## Sources

- marketwatch.com: https://www.marketwatch.com/story/nymex-overview-oil-diesel-retreat-as-u-s-steps-up-diplomacy-opis-0ca2b976

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