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Brent crude settled up $1.53 to $108.33 a barrel and WTI rose 1.6% to $103.79 after touching intraday highs above $105 and $109. Prices were supported by concerns over Russian supply and supply disruptions in Libya.
Tight crude supply lifts diesel and energy input costs for feed producers and supports grain and oilseed prices via biofuel and freight channels.
reuters.comDavid GaffenApr 21, 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.
