
WTI traded at $90.83 per barrel, up 31 cents, while Brent was nearly unchanged at $98.32. The Bakken crude differential held at a $3.42-per-barrel discount to WTI, and the article says the price level supports North Dakota shale producers.
Firm crude can sustain fuel and energy costs for agricultural production and transport, although this report describes price action rather than a new supply or demand driver.
Not 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.