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Oil prices were set for a weekly loss as concerns about economic uncertainty and high inflation weighed on demand expectations. Weekly US data was also cited in the coverage.
Expectations of softer fuel demand push crude and diesel lower, which can ease freight and fertilizer input costs for feed buyers.
reuters.comRowena EdwardsApr 21, 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.
