Biofuel makers also forced to cut output on falling oil cost

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• May 7, 2020As demand for fuel falls, gas prices and output also take a hit | Coronavirus pandemic | Al Jazeera+6.0%
• Jul 4, 2023Why are OPEC+ supply cuts failing to boost oil prices?+7.3%
• Jan 19, 2017Fed Adds to Factors Pushing Oil+2.4%
• Aug 19, 2021Falling oil prices increase pressure on oilseed markets+4.7%
• Jun 1, 2025Oil falls as higher OPEC+ output expectations weigh on sentiment+6.2%

After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.

• Jul 4, 2023Why are OPEC+ supply cuts failing to boost oil prices?+4.3%
• Aug 19, 2021Falling oil prices increase pressure on oilseed markets+5.5%
• Jun 1, 2025Oil falls as higher OPEC+ output expectations weigh on sentiment+4.9%
• Sep 29, 2025Oil Falls 3.5% On OPEC+ Output Hike Plan, Kurdistan Exports-7.5%
• Oct 29, 2020Oil falls more than 3%, on track for worst week since April+5.1%