# 12 October 2018

> Wholesale energy prices fell across the curve in the week to 12 October, with Brent averaging $83.1/bl and dropping below $80.5 by week's end. The US said it would discuss possible waivers for Iranian imports, and US equities fell amid US-China trade tensions.

- Date: 2018-10-12 · published 2018-10-12T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/7401-12-october-2018
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower crude and energy costs reduce input costs for feed and transport, while Iran sanctions waiver talks and trade disputes add two-sided supply and demand risk.

## Read by commodity

- BRENT: bearish ▼
- NATGAS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| BRENT | 2018-10-11 | 1 | -3.2% | -3.0 | Week-ending summary notes Brent falling below $80.5 on 11-12 October as the US signaled possible waivers for Iranian imports (easing supply concerns) and US equities sold off on trade tensions (demand/sentiment), matching the 1-day drop on Oct 11. |

## Sources

- teamenergy.com: https://www.teamenergy.com/discover/uk-wholesale-electricity-prices-category/12-october-2018/

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