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Oil prices jumped on Nov 28, with Brent settling up 2.1% at $81.68 and WTI up 2.1% at $76.41. The move focused on OPEC+ talks and storm-hit output in Kazakhstan.
A storm-related supply disruption and OPEC+ uncertainty support crude prices, which lifts diesel and biofuel input costs for feed producers.
reuters.comStephanie KellyNov 28, 2023Not 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.
