Loading…
Brent crude futures on ICE slipped 2.5% last week to $95.80 a barrel, while the December MCX crude contract fell 1.4%. Both contracts posted weekly losses despite a recovery in the second half of the week from lows near $89 (Brent) and ₹7,807 (MCX).
Technical analysis showing that oil remains in a downtrend with resistance levels ahead, which keeps energy costs and diesel expectations for feed transport and processing under downward pressure.
thehindubusinessline.comAkhil NallamuthuNov 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.
