Crude oil prices drop 5% due to India biofuel policy uncertainty

Protests disrupting India’s biofuel expansion create uncertainty about global biofuel demand, leading OPEC+ to revise downward crude oil price forecasts. Brent crude falls below $75 per barrel by end of Q3 2026.

macro · Prediction Market

Implied probability (Yes)

68%

Closes

2026-09-30

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