# Crude Check: Recovery faces hurdles

> 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).

- Date: 2026-11-14 · published 2026-11-14T21:10:18.056Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/99953-crude-check-recovery-faces-hurdles
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

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.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/portfolio/commodity-analysis/crude-checkrecovery-faces-hurdles/article71701437.ece

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