11.07.2025
Sausage casings bulletin, November 7, 2025
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Oil prices tumbled last week in the wake of the risk off trade and a larger than expected build in crude oil inventories reported one-day late by the Energy information Administration due to the Columbus Day Holiday. While demand for products remains stable, its supply concerns that is driving price action. On November 1, the Iranian sanction will take hold which could take approximately 1.0-million barrels a day off the global…