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Brent crude futures ended Friday slightly lower and posted a 15% weekly decline. Low-sulfur gasoil cracks also softened amid a broad market sell-off following the US midterm elections.
Lower crude and gasoil prices can reduce feed production and transport costs, easing pressure on delivered feed prices. The article reports price moves without identifying a new supply or demand driver beyond the market sell-off.
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.