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Brent futures settled 3 cents higher at $83.68 a barrel while WTI settled 33 cents lower at $78.54. Both benchmarks had fallen $1 in earlier trading before recovering partially ahead of Fed policy comments.
Mixed settlements show limited direction in crude, so near-term diesel and freight cost pressure is steady rather than changing sharply.
reuters.comGeorgina MccartneyFeb 28, 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.
