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Brent crude oil fell back below $71 a barrel, down 1.71% during the day.

Brent crude oil fell back below $71 a barrel, down 1.71% during the day.

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The total number of oil rigs for the week ending November 15 in the United States will be announced in ten minutes.

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American Oilseed Processors Association (NOPA): U.S. soybean oil inventories in October 2024 are 1.069 billion pounds, market expectations are 1.09 billion pounds, September data is 1.066 billion pounds; soybean crushing in October 2024 is 199.959 million

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