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Crude oil prices rose on Thursday, November 5. WTI for December delivery settled up 2.72% at $90.52 a barrel, while January Brent gained 3.88% to settle at $98.29 a barrel.
Higher crude prices can raise energy and transport costs for agricultural production and delivery, but the report gives no new supply or demand driver to indicate a lasting move.
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.