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Oil prices edged higher on November 11 after falling below $90/bbl the previous day, supported by lingering US-Iran uncertainty. US API data showed a 9m barrel crude stock build against expectations of a small draw, and the EIA outlook pointed to continued US supply growth.
Feed buyers face energy-linked costs through diesel, ethanol and fertilizer inputs, so crude moves feed into farm and freight expenses. Bearish inventory data and expected Middle East supply recovery weigh on crude, while Iran uncertainty limits the downside.
think.ing.comEwa Manthey, Warren PattersonNov 11, 2026Not 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.
