# Oil markets: Brent crude futures, coronavirus

> Brent crude futures were unchanged at $45.81 a barrel and WTI rose 8 cents to $43.05 on Monday, with Brent on track for a fifth straight monthly gain. Prices were supported by global stimulus and a weak US dollar, even as fuel demand struggled to recover and supplies stayed ample.

- Date: 2020-08-31 · published 2020-08-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/51780-oil-markets-brent-crude-futures-coronavirus
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Crude prices feed into diesel and energy costs for feed mills and transport, and a weaker dollar makes commodities cheaper for non-US buyers. Oversupply and weak demand limit the upside.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- cnbc.com: https://www.cnbc.com/2020/08/31/oil-markets-brent-crude-futures-coronavirus.html

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