France's Avril Raises Biodiesel Output On Higher Oil Prices, Demand

After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.

• Nov 11, 2019Higher biodiesel appetite pushes demand-3.4%
• Mar 9, 2025The end of cheap palm oil? Output stalls as biodiesel demand surges-1.9%
• Aug 6, 2018Global palm oil prices set to rise on Indonesia's biodiesel mandate-1.3%
• Apr 8, 2019Argentina raises biodiesel price to $635.5 per ton for April : The Daily Digest-0.7%
• Nov 3, 2021Rise of biodiesel leads to jump in cooking oil prices, skyrocketing demand for soybeans | Here & Now-4.1%

After 438 past bullish policy events, Crude Oil (WTI) moved a median +0.9% over 5 sessions (61% higher; middle half -2.2% to +4.6%), and +2.0% over 20.

• Aug 26, 2022Oil prices rise on signals OPEC might cut output-6.6%
• Dec 19, 2022Palm oil firms on higher crude prices, Indonesia’s plan to raise biofuel mandate - Markets - Business Recorder+7.2%
• Oct 4, 2021OPEC+ sticks to plan for gradual oil output hike, price roars higher+4.6%
• Feb 1, 2019Oil nudges higher as OPEC reduces output-2.1%
• Sep 17, 2020Oil prices finish higher as OPEC+ stresses full compliance with output quotas - Oklahoma Energy Today-0.6%

After 442 past bullish policy events, Crude Oil (Brent) moved a median +1.4% over 5 sessions (60% higher; middle half -2.0% to +4.9%), and +2.1% over 20.

• Apr 2, 2023Goldman Sachs raises Brent oil price forecasts after OPEC+ output cuts+7.4%
• Aug 26, 2022Oil prices rise on signals OPEC might cut output-6.8%
• Oct 4, 2021OPEC+ sticks to plan for gradual oil output hike, price roars higher+3.7%
• Sep 17, 2020Oil prices finish higher as OPEC+ stresses full compliance with output quotas - Oklahoma Energy Today-0.7%
• May 6, 2020Oil doubles over past five days on output cuts and stabilizing demand+0.7%