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Oil prices settled higher on Thursday, extending the previous day's rally of nearly 3%. Traders were encouraged by record U.S. crude exports and signs that recession fears were easing.
Record U.S. export demand and easing recession worries support crude prices, which feed into energy costs for feed production, transport and fertilizer.
reuters.comLaura SanicolaOct 27, 2022Not 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.
