# Crude Check: Bears make their move

> Brent futures fell 13.3% last week to $98.30 a barrel, after touching a two-month low of $93.22, while Indian crude futures dropped 14.9%. The analysis expects any recovery to be limited below $105, with further downside possible toward $90 and $86.

- Date: 2026-11-07 · published 2026-11-07T18:07:38.496Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/86245-crude-check-bears-make-their-move
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower crude prices can reduce energy and freight costs for feed supply chains, easing cost pressure on delivered feed and fertilizer. The article’s bearish outlook points to continued downside risk for oil prices.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/portfolio/commodity-analysis/crude-check-bears-make-their-move/article71677755.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
