Crude oil futures open sharply lower, main contract down over 5%

The selloff is broad across the energy complex, not confined to crude, which suggests a demand or macro-driven move rather than a single-contract event. Fuel oil, LU and aromatics like styrene and pure benzene falling together points to pressure running through refining and petrochemical margins, the same chain that touches RWA-linked commodity exposure. The standout is rapeseed meal rising against the grain, hinting the weakness is sector-specific rather than a uniform risk-off. Whether agricultural strength holds while energy slides is the open question.