Loading…
Brent traded at $91.73, down 1.11% on the day and 2.05% on the week, while WTI was at $85.72. Both benchmarks remain more than 20% (Brent) and nearly 20% (WTI) below their October highs.
Analysts expect prices to stay under pressure toward year-end if geopolitical tensions ease and supply recovers.
A sustained slide in crude lowers costs for biofuel feedstocks and freight, which can soften soybean oil and ethanol-linked corn demand support. For feed buyers, the lower energy backdrop reduces upward cost pressure on processing and transport.
zeebiz.comAnubhav MauryaNov 12, 2026After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.
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.
