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Oil prices swung more than $6 in a choppy session as conflicting signals emerged on US-Iran peace talks. Brent settled below $104 after Iran called the US response to its demands unsatisfactory, undercutting earlier reports of progress.
European gas futures also fell, and US midterm voting added to the uncertainty.
Volatile crude and energy prices raise input and freight costs for feed makers, and the outcome of the US-Iran talks will determine whether energy-driven feed cost pressure eases or returns.
rigzone.comM. Gindis, C. GorrivanNov 3, 2026rigzone.comM. Gindis, C. GorrivanNov 3, 2026Not enough comparable past events yet for a historical read.
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.
