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Oil futures were little changed on Sept 30 as reports said China was prepared to buy more oil and other energy supplies. Gains were offset by an unexpected rise in U.S. crude inventories and a strong dollar.
November Brent settled at $78.52 and WTI at $75.03.
Chinese buying interest supports energy demand, but a stronger dollar and rising US stocks cap prices. Higher crude feeds through to diesel and biofuel costs for feed and fertilizer supply chains.
reuters.comScott DisavinoSep 30, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
