# Oil's September Surge Propels Bull Market Run on Demand Optimism - Canadian Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow

> Oil was on track for its biggest quarterly gain in over a year, rising about 9% in September on demand forecasts from OPEC and the IEA. Turkey agreed to deal exclusively with Baghdad over Kurdish crude exports, and analysts flagged possible supply tightness in 2018.

- Date: 2017-09-29 · published 2017-09-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/69133-oil-s-september-surge-propels-bull-market-run-on-demand-optimism-canadian
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A sustained energy rally raises diesel and fertilizer costs and supports vegetable oil and biofuel values. Continued crude strength can lift feed input prices across the supply chain.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- energynow.ca: https://energynow.ca/2017/09/oils-september-surge-propels-bull-market-run-demand-optimism/

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