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Oil prices fell for a fourth straight day on Thursday after the previous session's drop of more than 8%. Brent traded at $93.65 and WTI at $86.98, both still near their lowest levels since August 31.
Continued crude weakness reflects easing expectations of Iran war escalation and lower energy input costs, which tends to weigh on biofuel margins and feed-related energy costs. This is a routine price move with no new supply event.
wam.aeNov 5, 2026Not 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.
