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April Brent crude settled down $1.15 at $97.93 a barrel after climbing as high as $101.99 earlier in the session. The more active May contract fell $1.30 to $94.12.
Crude near $100 raises diesel, fertilizer and freight costs for feed producers and supports vegetable oil and biofuel values, though intraday reversals signal volatility rather than a clear trend.
reuters.comStephanie KellyFeb 25, 2022Not 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.
