# US oil price lowest in nearly a year, gas down 6% in a month | CNN Business

> US crude futures slid 2.7% on Monday to near $74 a barrel, the lowest since December 2021. Brent fell 2.9% to near $81, its lowest since January.

- Date: 2022-11-28 · published 2022-11-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/38869-us-oil-price-lowest-in-nearly-a-year-gas-down-6-in-a-month-cnn-business
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Lower crude and fuel prices reduce diesel and freight costs for feed ingredient logistics, but weaker energy can also soften biofuel-linked demand for soyoil and corn-based ethanol byproducts.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- DIESEL: bearish ▼

## Sources

- cnn.com: https://www.cnn.com/2022/11/28/energy/us-oil-prices-china-protests

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.