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Brent futures fell 9.6% to $94.5/barrel amid easing geopolitical tensions and record U.S. oil production, while Paris rapeseed and Winnipeg canola futures also declined. Ukraine exported 357,200 tonnes of rapeseed in October and 1.1 million tonnes since the season began, supported by strong EU demand.
Cheaper crude can reduce support for biofuel feedstock prices, pressuring oilseeds. Robust Ukrainian exports add available supply, although EU demand provides an offset.
insights.tridge.comNov 5, 2026After 56 past bearish trade events, Crude Oil (Brent) moved a median -5.6% over 5 sessions (20% higher; middle half -9.0% to -1.7%), and -4.5% 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.
