# The Commodities Feed: Oil rebounds as geopolitical risks linger | ING THINK

> 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.

- Date: 2026-11-11 · published 2026-11-12T00:08:52.827Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/94337-the-commodities-feed-oil-rebounds-as-geopolitical-risks-linger-ing-think
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

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.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- think.ing.com: https://think.ing.com/articles/the-commodities-feed-oil-rebounds-as-geopolitical-risks-linger/

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