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Brent settled below $72 a barrel after falling 4.3% on Friday, and WTI dropped 3.7% to near $69. Both benchmarks were near their lowest levels since late February, before the US and Israel launched the war on Iran.
Falling crude reduces energy and freight-related costs and weakens the biofuel pull on vegetable oils. Routine market wrap describing moves without a new cause.
bloomberg.comYongchang ChinJun 25, 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.
