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WTI settled about 1.8% lower near $70 a barrel and Brent near $73 on the latest session. Front-month futures have fallen almost a third this quarter, the biggest quarterly decline since 2020.
Lower crude weakens the energy cost and biofuel pull behind vegetable oils and soybean oil, and it trims diesel and fertilizer costs for feed producers. Routine price commentary with no new cause.
bloomberg.comRong Wei Neo, Alex Longley, Christopher CharlestonJun 29, 2026Not 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.
