From Investing.com: 2024-11-19 00:27:00

Energy – Russian Pipeline Gas Continues to Flow
Oil prices surged almost 3.2% due to supply outages and geopolitical tensions. Despite Gazprom halting supply to OMV, Russian pipeline gas continues to flow into Europe. Prompt WTI time spread flipped into contango, indicating a better supplied market. OPEC+ will decide on output policy in December.

Agriculture – Sugar Rises on Brazil Mill Closures
Sugar prices rose as Brazilian sugar mills may shut early due to above-average rainfall. US wheat shipments fell, while corn and soybean exports fluctuated. Rainfall in Brazil may benefit 2025/26 sugar production. Disclaimer: Information provided by ING for informational purposes only, not as investment advice.



Read more at Investing.com: Crude Oil Prices Rise Amid Supply Disruptions and Geopolitical Tensions