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WTI crude settled at $64.01/bbl, its first monthly loss since April, as the market weighed oversupply risks. A larger-than-expected commercial crude draw was driven by strong exports, while demand signals stayed muted and retail gasoline prices were forecast to fall further.
Persistent oversupply and soft demand point to weaker crude prices, which lowers diesel and transport costs for feed logistics but offers little support to biofuel-linked feedstock demand.
aegis-hedging.comAug 29, 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.
