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Brent crude futures settled at $65.86 a barrel, down $1.01, on Monday, April 28, while WTI finished at $62.05. Prices fell as economic worries from the U.S.-China trade war weighed on demand expectations.
Lower crude prices reduce diesel and energy costs for feed production and transport, but signal weaker global demand. Continued pressure on crude can also weigh on vegetable oil and biofuel-linked prices.
reuters.comErwin SebaApr 28, 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.
