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Oil moved within a narrow range as traders weighed geopolitical risks against an expected supply glut. Brent traded near $68, within the $65 to $70 band that has held for the past month.
Trading was expected to be thin on the next session.
Oil is trading in a stable range, so there is little new energy-driven pressure on biofuel feedstock demand or farm input costs for feed buyers.
bloomberg.comBloomberg NewsAug 31, 2025Not 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.
