Loading…
Vegetable oil prices rose slightly after a prior-week decline, driven by speculative buying after drone attacks in the Black Sea on sanctioned tankers and a Russian vessel carrying sunflower oil. December Malaysian palm oil futures rose 4.2% for the week to 4,159 ringgit/t, despite slower November exports and higher production.
Brent crude traded near $62.5/barrel.
Black Sea shipping risk tightens sunflower oil supply and supports vegetable oil prices, while expected Indonesian biodiesel expansion adds upside for palm oil. Rapeseed oil faces pressure from rising supply.
ukragroconsult.comDec 3, 2025After 110 past bullish geopolitics events, SBO moved a median +1.8% over 5 sessions (65% higher; middle half -0.7% to +3.6%), and -0.4% over 20.
After 62 past bullish geopolitics events, PALMOIL moved a median +2.5% over 5 sessions (74% higher; middle half -0.1% to +5.8%), and +4.0% over 20.
Not enough comparable past events yet for a historical read.
After 60 past neutral geopolitics events, WTI moved a median -0.9% over 5 sessions (43% higher; middle half -4.7% to +2.3%), and -1.9% 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.
