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Oil futures were on track for a monthly gain of about 9 percent in September. Gains were driven by demand forecasts from OPEC and the IEA, refinery restarts after Hurricane Harvey, and Turkey's threat over Kurdish exports.
A firmer crude market raises diesel and energy input costs for feed buyers while signaling a tighter energy complex that supports biofuel demand.
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.