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Oil held steady as the market awaited OPEC+ talks moved to May 31, where members were expected to decide July output. Traders also weighed possible new US sanctions on Russia.
Pending OPEC+ supply increases and sanction risk point to uncertain energy costs, which affect feed transport and fertilizer production expenses.
reuters.comAmanda StephensonMay 26, 2025After 54 past neutral macro events, Crude Oil (Brent) moved a median +0.4% over 5 sessions (57% higher; middle half -2.8% to +2.5%), and +0.6% over 20.
After 102 past neutral macro events, Crude Oil (WTI) moved a median -0.1% over 5 sessions (49% higher; middle half -3.3% to +2.5%), and +1.8% 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.
