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NYMEX WTI for December delivery closed at $88.56 a barrel and ICE Brent for January settled at $95.84, with crude down about 2.5% on the week after a 13% drop the prior week. ULSD and RBOB futures also fell on the week as U.S. fuel inventories swelled.
Hopes for a ceasefire with Iran faded after President Trump said the U.S. should not seek a deal.
Lower crude and diesel futures reduce fuel and freight costs for feed producers and haulers, but renewed Middle East tension keeps price risk high. Feed buyers should expect continued volatility in energy-linked input costs.
dtnpf.comBarani KrishnanNov 13, 2026After 255 past bearish geopolitics events, Crude Oil (WTI) moved a median -2.4% over 5 sessions (31% higher; middle half -7.0% to +1.7%), and -5.0% 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.
