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Oil rose about 1% on Monday on expectations of strong summer driving demand and Middle East tensions. Drone attacks on Russian refineries also raised supply concerns.
Higher crude supports energy-linked costs and biofuel economics, with modest upside for vegetable oil prices.
reuters.comLaila KearneyJun 24, 2024Not 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.
