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WTI fell about 3.25% to near $69.05 after touching $68.48, its lowest since late February. Qatar, Saudi Aramco, Iraq, Kuwait and Abu Dhabi are all adding volumes as Middle East exports recover.
Rising Middle East supply lowers crude prices, which reduces diesel and fertilizer costs for feed producers. Analysts warn the market may be overly optimistic about supply recovery, so prices could rebound.
octabroker.comJun 26, 2026Not 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.
