Loading…
Brent and WTI edged higher on Friday, turning positive after an early decline, with Brent settling at $84.38 and WTI at $83.57. Prices were on track for their first weekly decline in about two months after a larger-than-expected US crude stock build and signs of Iran nuclear talks restarting.
Expectations that OPEC+ will keep output steady and possible Iranian barrels returning pull in opposite directions for crude, which feeds diesel and fertilizer costs and supports the energy-linked price floor for feed ingredients.
cnbc.comReutersOct 29, 2021Not 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.
