# Oil prices post biggest weekly gain since August | Reuters

> Brent and WTI each rose about 8% over the week, their first weekly gain in seven, despite profit-taking. Brent futures settled up 73 cents at $75.15.

- Date: 2021-12-10 · published 2021-12-10T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/43757-oil-prices-post-biggest-weekly-gain-since-august-reuters
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A rebound in crude supports energy-linked costs and biofuel margins, modestly firming vegetable oil and feed-linked prices.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/oil-prices-slip-profit-taking-head-strong-weekly-gain-2021-12-10/

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