# The Energy Report: Diplomacy and Barrels | Investing.com

> Oil, gasoline and diesel posted their biggest declines since late July on diplomacy signals and reports of U.S.-brokered Russia-Ukraine talks. Brent settled at $104.77 and WTI at $96.46 on Monday, and physical premiums for Oman, Dubai and Dated Brent fell to their weakest in about 3.5 months. Physical cargoes are getting cheaper relative to benchmarks, pointing to a real supply increase.

- Date: 2026-11-03 · published 2026-11-03T18:08:24.763Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/78090-the-energy-report-diplomacy-and-barrels-investing-com
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Weakening physical premiums signal more barrels in the market, which tends to keep energy costs lower for fertilizer, freight and biofuel feedstocks. This eases input cost pressure on feed ingredients if the trend holds.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- DIESEL: bearish ▼
- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2021-07-21 | [RBI Intervention And Sharply Lower Oil Prices Halted The Rapid Rise In USD/INR \| Investing.com India](https://feedsoft.ai/events/46346-rbi-intervention-and-sharply-lower-oil-prices-halted-the-rapid-rise-in-usd-inr.md) | +7.2% | -0.7% |
| BRENT | 2026-07-28 | [The Euro finally gets cheaper energy, and that is the problem](https://feedsoft.ai/events/18561-the-euro-finally-gets-cheaper-energy-and-that-is-the-problem.md) | -4.2% | +2.6% |
| BRENT | 2022-08-30 | [Oil dives nearly $6 a barrel on demand fears, Iraq exports \| Reuters](https://feedsoft.ai/events/40224-oil-dives-nearly-6-a-barrel-on-demand-fears-iraq-exports-reuters.md) | -9.2% | -19.2% |
| BRENT | 2024-07-30 | [Crude Prices Retreat on the Prospects of Weaker Chinese Energy Demand](https://feedsoft.ai/events/29445-crude-prices-retreat-on-the-prospects-of-weaker-chinese-energy-demand.md) | -4.3% | +0.7% |
| BRENT | 2022-07-13 | [Corn prices fell 7.8%, pressured by a drop in the oil market and data from the USDA report 13.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/6833-corn-prices-fell-7-8-pressured-by-a-drop-in-the-oil-market-and-data-from-the.md) | +7.7% | -3.1% |
| WTI | 2020-01-27 | [Asia Wrap:"Risk-Off" Dash And Brexit Ahead \| Investing.com](https://feedsoft.ai/events/55362-asia-wrap-risk-off-dash-and-brexit-ahead-investing-com.md) | -4.7% | -5.1% |
| WTI | 2021-04-22 | [ECB In Focus, While Australia Pokes The Panda \| Investing.com](https://feedsoft.ai/events/47829-ecb-in-focus-while-australia-pokes-the-panda-investing-com.md) | +4.0% | +3.2% |
| WTI | 2026-09-21 | [Canadian dollar under pressure as oil retreats and US rate outlook supports greenb By Investing.com](https://feedsoft.ai/events/17703-canadian-dollar-under-pressure-as-oil-retreats-and-us-rate-outlook-supports.md) | -12.0% | -4.2% |

## Sources

- investing.com: https://www.investing.com/analysis/the-energy-report-diplomacy-and-barrels-200690789

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