
Oil closed at its highest in more than two years for a second day, with New York futures rising 2 percent above $55 a barrel for the first time since July 2015. Support grew for OPEC to extend its output cuts, which was expected to be decided as early as that month.
Nigerian militant attacks and Venezuela's debt problems also threatened supply, and U.S. oil rigs fell by the most in over a year.
Expectations of extended OPEC cuts and tighter supply lift crude prices, which feed into biofuel economics and corn and soybean oil values. Higher energy costs also raise freight and fertilizer costs for feed buyers.
Na 438 eerdere opwaarts beleid-gebeurtenissen bewoog Ruwe olie (WTI) zich mediaan +0,9% over 5 sessies (61% hoger; middelste helft -2,2% tot +4,6%), en +2,0% over 20.
Na 442 eerdere opwaarts beleid-gebeurtenissen bewoog Ruwe olie (Brent) zich mediaan +1,4% over 5 sessies (60% hoger; middelste helft -2,0% tot +4,9%), en +2,1% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.