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Brent crude fell 2.1% to $71 a barrel on the week and sunflower oil prices in Ukraine dropped $10-20/t at Black Sea ports. Chicago May soyoil fell 7.5% in the week amid South American harvest prospects and China's soy tariff.
Lower crude and vegoil prices reduce biofuel-linked support for oilseeds and push sunflower meal and oil values lower for Black Sea buyers.
ukragroconsult.comMar 5, 2025After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.
After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
After 40 past bearish macro events, Soybean Oil moved a median -0.8% over 5 sessions (45% higher; middle half -4.5% to +1.7%), and -1.5% over 20.
Not enough comparable past events yet for a historical read.
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.
