# Oil steadies as energy crunch stirs up volatility, recovery concerns

> Brent eased 23 cents to settle at $83.42 after hitting a high of $84.60 earlier in the session, while WTI ended slightly higher at $80.64. Traders weighed energy-crunch volatility against recovery concerns.

- Date: 2021-10-12 · published 2021-10-12T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/44718-oil-steadies-as-energy-crunch-stirs-up-volatility-recovery-concerns
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Choppy crude prices keep energy input costs for feed producers volatile, with no clear directional signal for feed ingredient pricing.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Sources

- reuters.com: https://www.reuters.com/business/energy/oil-falls-after-blistering-run-amid-global-energy-crisis-2021-10-12/

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