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Oil prices settled lower on Friday for a second consecutive week, with Brent at $95.84 and WTI at $88.56, as markets weighed signs of a growing global oversupply. An IEA report released the same day pointed to rising global surplus, while US pressure on Iran continues.
A rising oil surplus lowers energy costs for feed and transport and weakens biofuel-linked demand for vegetable oils and corn, pressuring related feed prices.
alarabiya.netNov 14, 2026Not 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.
