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Brent fell 8.7% in one session to about $95 a barrel after the Democratic sweep of Congress, and WTI dropped 8.3%. US distillate stocks fell to about 99.2 million barrels, their lowest since 2003 and 13% below the five-year average.
The crude sell-off is bearish for energy prices, while very low distillate inventories keep diesel margins elevated. That pairing raises fuel and freight costs for feed producers even as crude falls.
cruxinvestor.comRyan CharlesNov 5, 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.
