# WCU: Tight supply commodities reign

> A weekly commodities review says crude oil has led returns this year, with WTI and Brent up close to 40% on OPEC+ production cuts and U.S. sanctions on Iran and Venezuela. Many agricultural markets stayed under pressure due to ample supplies.

- Date: 2019-04-28 · published 2019-04-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/59520-wcu-tight-supply-commodities-reign
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher crude raises biofuel economics and feeds into ethanol and vegetable oil prices, which supports corn and soyoil. Ample ag supplies keep grain prices capped.

## Read by commodity

- WTI: bullish ▲

## Sources

- finance.yahoo.com: https://finance.yahoo.com/news/wcu-tight-supply-commodities-reign-143436708.html

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