# CPO Futures Extend Losses Amid Weaker Crude Oil Prices

> Crude palm oil futures on Bursa Malaysia closed lower on September 22 as Brent crude fell about 2.8% to near US$98 per barrel. Reports that Iran offered to reopen the Strait of Hormuz within seven days eased supply-disruption concerns. The October contract fell RM49 to RM4,639 per tonne.

- Date: 2026-10-01 · published 2026-10-01T12:00:00.000Z
- Category: geopolitics · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/9799-cpo-futures-extend-losses-amid-weaker-crude-oil-prices
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower crude weakens biodiesel economics and palm's energy-linked support, pushing palm and related vegetable oils lower. The Hormuz reopening outlook adds downside risk to energy-linked demand.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-03-28 | [Palm falls as crude prices slump, March exports weaken - Markets - Business Recorder](https://feedsoft.ai/events/5916-palm-falls-as-crude-prices-slump-march-exports-weaken-markets-business-recorder.md) | -13.0% | -3.9% |
| PALMOIL | 2022-03-14 | [Palm plummets nearly 10% as rival Dalian oils, crude weaken - Markets - Business Recorder](https://feedsoft.ai/events/5499-palm-plummets-nearly-10-as-rival-dalian-oils-crude-weaken-markets-business.md) | -5.0% | -10.6% |
| PALMOIL | 2020-04-01 | [Oil Plunges Most Since 1991 After Producers Embark on Price War](https://feedsoft.ai/events/54280-oil-plunges-most-since-1991-after-producers-embark-on-price-war.md) | -3.5% | -7.7% |
| PALMOIL | 2020-03-08 | [Oil price war between Saudi, Russia after failed OPEC deal](https://feedsoft.ai/events/54278-oil-price-war-between-saudi-russia-after-failed-opec-deal.md) | -6.5% | -12.1% |
| PALMOIL | 2024-08-30 | [Oil Prices Drop as OPEC+ Considers Increasing Production in October \| OilPrice.com](https://feedsoft.ai/events/28974-oil-prices-drop-as-opec-considers-increasing-production-in-october-oilprice-com.md) | +4.4% | +7.2% |
| BRENT | 2021-11-19 | [OIL FUTURES: Prices slide amid European lockdowns, stronger US dollar \| S&P Global](https://feedsoft.ai/events/11826-oil-futures-prices-slide-amid-european-lockdowns-stronger-us-dollar-s-and-p.md) | +0.4% | -8.6% |
| BRENT | 2025-06-24 | [Arab News \| Oil Updates — crude extends losses on lower Middle East supply risk](https://feedsoft.ai/events/10002-arab-news-oil-updates-crude-extends-losses-on-lower-middle-east-supply-risk.md) | -6.9% | -3.2% |
| BRENT | 2024-09-03 | [Crude oil prices today: WTI erases all 2024 gains](https://feedsoft.ai/events/12385-crude-oil-prices-today-wti-erases-all-2024-gains.md) | -7.9% | -8.0% |

## Sources

- bernama.com: https://www.bernama.com/en/market/news.php?id=2610509

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.