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Brent crude fell about 0.4 percent to $77.05 on October 30 as global stock weakness and rising supply offset Iran sanctions concerns. WTI was firmer, and the IEA's Birol cited high prices and slowing growth as demand headwinds.
Softer crude and weaker demand expectations reduce energy and freight cost pressure on feed ingredients.
moneycontrol.comReutersOct 30, 2018Not 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.
Brent dipped on Oct 30 on rising supply and global stock weakness, which outweighed Iran sanctions concerns.
