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Oil prices fell about 1% on Friday, extending a fourth weekly decline, as a stronger dollar and demand fears weighed on the market. Brent settled at $74.17 and WTI at $70.04.
Softer crude and a firmer dollar lower energy costs but also make dollar-priced commodities less attractive to non-US buyers, a mixed signal for feed ingredients.
reuters.comLaura SanicolaMay 15, 2023Not enough comparable past events yet for a historical read.
Not 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.
