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Oil prices fell about 15% over three weeks to mid-February 2018 as stock markets dropped and fears grew of more U.S. output. Physical crude differentials in Europe and the U.S. fell to multi-month lows, pointing to weaker demand.
Weaker physical demand signals suggest further downside for crude, which lowers diesel and biofuel input costs. Lower energy prices can soften vegetable oil and ethanol-linked prices.
financialpost.comReutersFeb 14, 2018Not 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.
