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OPEC+ kept its oil production policy unchanged for October, while weighing Hormuz export disruption and preparing 2027 quotas. OECD commercial inventories fell 26.4 million barrels in June and sit below the five-year average.
Falling inventories below the five-year average tighten the crude balance, supporting energy prices that feed into biofuel and feed costs.
energyconnects.comEnergy ConnectsOct 1, 2026After 442 past bullish policy events, BRENT moved a median +1.4% over 5 sessions (60% higher; middle half -2.0% to +4.9%), and +2.1% over 20.
After 438 past bullish policy events, WTI moved a median +0.9% over 5 sessions (61% higher; middle half -2.2% to +4.6%), 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.
