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US crude futures rose above $51 a barrel, a four-month high, while Brent reached its highest level since January. Producers meeting in Vienna said the global market was rebalancing and inventories were falling.
Higher crude lifts diesel and energy costs for feed mills and farm operations, and supports biofuel economics that tie into soyoil and corn demand.
cnbc.comReutersSep 25, 2017Not 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.
