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Oil prices slipped more than 1% in early Asian trade on Monday. Brent futures fell $1.59 to $111.84 a barrel and WTI was down $1.56 at $102.56.
Lower crude prices modestly ease input costs for feed producers and freight, though the move is small and largely tracks the broader Iran diplomacy story.
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.