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Oil prices settled higher on October 29 after EIA data showed US crude, gasoline and distillate stocks fell more than expected last week. Brent rose 52 cents to $64.92 and WTI gained 33 cents to $60.48, with Trump's optimism ahead of talks with Xi also easing economic concerns.
Larger-than-expected US inventory draws tighten near-term supply and support diesel and crude prices, which feed into energy costs for feed mills and transport.
reuters.comShariq KhanOct 29, 2025Not enough comparable past events yet for a historical read.
Not 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.
