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WTI briefly fell to $55.12 per barrel early on April 9 before rebounding to close at $62.71. Analysts urged caution given economic instability.
Sharp intraday crude swings transmit to vegetable oil and biofuel feedstock prices, adding volatility for feed cost planning.
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.