Loading…
A Reuters poll of 33 economists and analysts raised its 2026 crude price forecasts, with Brent now averaging $90.44 per barrel versus $86.38 last month. U.S. crude is seen averaging $84.63, up from $80.07 in April's survey.
Higher expected crude averages support diesel and energy input costs for feed and grain logistics, and tend to lift vegetable oil and biofuel-linked prices. The forecast revision is a sentiment signal rather than a new physical supply event.
reuters.comIshaan AroraJun 1, 2026After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.
After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% 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.
