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Press Release

Brent Crude Swings Over $50 Per Barrel in 12 Months as XCF Global Highlights Stability of U.S. Waste Based Feedstock Model

Published by Todd Bush on April 28, 2026

Company Update

  • Crude exposure can be highly volatile, with global benchmarks swinging sharply over short periods (U.S. EIA).

  • Waste‑based SAF inputs are more domestically driven: USDA-reported DCO pricing is primarily influenced by U.S. supply-and-demand fundamentals, such as corn processing volumes, feedstock availability, and downstream renewable fuel demand-rather than global crude disruptions.

HOUSTON, TX / ACCESS Newswire / April 27, 2026 / XCF Global, Inc. ("XCF"), (Nasdaq:SAFX), an emerging player in decarbonizing the aviation industry through Sustainable Aviation Fuel ("SAF"), today highlighted the growing divergence between volatile global crude oil markets and the more stable pricing behavior of U.S.-sourced, waste-based renewable feedstocks.

Over the past 12 months, global benchmark Brent crude has shown significant volatility, reaching an intra‑month peak of $124.61 per barrel on April 10, 2026, and then easing to $114.43 per barrel as of April 17, 2026 (latest observation available from U.S. EIA Brent data as of the date of this release).

>> In Other News: How Industry Is Building Carbon Removal Into Its Factories

By contrast, renewable feedstocks such as distillers corn oil ("DCO") have demonstrated pricing behavior that is more closely tied to domestic agricultural production and industrial demand than to geopolitical risk or trade routes. DCO is generally influenced by U.S. ethanol production and corn crush volumes, feedstock availability from distillers grains processing, logistics and regional basis dynamics, and demand from renewable diesel and SAF markets. As a result, XCF believes DCO is typically less directly impacted by global crude oil disruptions and long‑haul shipping constraints than petroleum-based inputs.

"XCF Global's SAF is produced from waste‑based, renewable feedstocks, not crude oil," said Chris Cooper, Chief Executive Officer. "We do not use crude oil as an input, and our feedstocks are sourced domestically from waste streams. We believe this model can reduce exposure to certain geopolitical disruptions that can affect global petroleum supply chains and long‑haul shipping routes."

According to USDA-reported market data, U.S. distillers corn oil prices strengthened in late 2025 and into 2026 amid inflation and steady demand, with feedstock availability supported by strong U.S. corn production.

"Waste‑based inputs don't trade on war headlines. Their pricing reflects domestic supply and demand fundamentals, not conflict risk or trade routes, said Chris Cooper"

XCF believes these dynamics highlight potential advantages of its feedstock strategy as airlines and fuel buyers increasingly prioritize supply security, cost predictability, and lower carbon intensity in their fuel sourcing decisions.

About XCF Global, Inc.

XCF Global, Inc. ("XCF") is an emerging sustainable aviation fuel company dedicated to accelerating the aviation industry's transition to net-zero emissions. Our flagship facility, New Rise Renewables Reno, has a permitted nameplate production capacity of 38 million gallons per year, positioning XCF as an early mover among large-scale SAF producers in North America. XCF is working to advance a pipeline of potential expansion opportunities in Nevada, North Carolina, and Florida, and to build partnerships across the energy and transportation sectors to scale SAF globally. XCF is listed on the Nasdaq Capital Market and trades under the ticker, SAFX.

To learn more, visit www.xcf.global

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