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Oil settled at a three-week low on Friday, with Brent down 74 cents to $68.44 and WTI down 87 cents to $65.16. Traders cited concerns about the US and Chinese economies.
Weaker demand expectations from the US and China lower energy costs for feed and transport, while also weighing on biofuel feedstock values.
reuters.comScott DisavinoAug 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.
