Oil posts its biggest weekly drop since COVID: what it means for feed

Name: Oil posts its biggest weekly drop since COVID: what it means for feed
Uploaded: 2026-11-05T15:19:54.862Z
Duration: 34 s
Description: Brent fell almost 10% on Nov 5 and about 20% over the week as markets removed the Iran war risk premium after the US midterms. Lower crude could ease energy costs for feed producers and importers.

Brent fell almost 10% on Nov 5 and about 20% over the week as markets removed the Iran war risk premium after the US midterms. Lower crude could ease energy costs for feed producers and importers.

Nov 5, 2026 · Feedsoft Markets Desk

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TRANSCRIPT

Oil's biggest weekly drop since COVID. Brent fell almost 10% on November 5. That leaves it down about 20% for the week.

What set it off. The drop followed the Republican midterm defeat. Vice President JD Vance linked the Iran war to the losses.

The war risk premium is coming out. Markets are removing the Iran war risk premium from crude oil prices.

Why feed buyers should care. Lower crude means lower energy costs for feed producers and importers. Watch whether the pressure on energy-linked input costs holds.

Read the full analysis: feedsoft.ai/events/81909-midterms-fallout-sees-oil-prices-face-biggest-weekly-drop-since-covid

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Market information, not investment advice.