
OPEC's monthly report shows Algeria's Sahara Blend averaged $137.94 a barrel in October 2026, up 16.4% and the highest among Arab crudes in the OPEC basket. The OPEC reference basket rose 1.4% to $112.12, and Brent averaged about $108.34 after rising more than 6%.
Higher crude benchmarks raise the cost of diesel and energy used in feed production and transport. The data confirms firm oil prices, which support vegetable oil and biofuel economics.
After 117 past bullish report events, Crude Oil (Brent) moved a median +1.3% over 5 sessions (66% higher; middle half -1.0% to +3.1%), and +2.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.