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Oil prices fell to one-week lows after OPEC+ agreed to raise output by 547,000 bpd for September. Brent settled at $68.76 and WTI at $66.29 on August 4 amid oversupply worries.
Lower crude prices reduce energy and transport input costs for feed, but the broader oversupply signal weighs on the energy complex.
reuters.comShariq KhanSep 1, 2025Not 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.
