Loading…
Brent and WTI futures rose on Thursday, recovering part of the previous session's losses of more than 8%. December ULSD rose about 11 cents to $4.3151 per gallon, and traders weighed renewed US-Iran diplomacy against recovering Middle East oil flows.
Analysts described the move as a retracement and noted narrowing Brent prompt spreads.
Oil and diesel price swings driven by Iran diplomacy shift input and freight costs for feed manufacturers. Recovering Middle East flows and easing near-term tightness limit the upside for now.
marketwatch.comNov 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.
