# Week Ending August 29 | Aegis Market Insights

> 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.

- Date: 2025-08-29 · published 2025-08-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/23523-week-ending-august-29-aegis-market-insights
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

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.

## Read by commodity

- WTI: bearish ▼

## Sources

- aegis-hedging.com: https://aegis-hedging.com/insights/weekly-market-summary/2025-08-29

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.