# Traders Pay Most in Years to Bet Oil Prices Will Rise Even More - Bloomberg

> Brent rose above $106 a barrel and U.S. crude futures surpassed $104 for the first time since 2014. The rally reflects concern that sanctions on Russia will curb supply from one of the largest global producers. Inventories worldwide were already tight.

- Date: 2022-03-01 · published 2022-03-01T12:00:00.000Z
- Category: geopolitics · region Russia · magnitude high
- Page: https://feedsoft.ai/events/12841-traders-pay-most-in-years-to-bet-oil-prices-will-rise-even-more-bloomberg
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Sanctions-driven supply risk in a market with low inventories pushes crude prices higher, which lifts energy and freight costs for feed producers. Higher energy prices also make biofuel feedstocks more valuable and pull support into vegetable oil and grain markets.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2024-10-06 | [Oil Bets Are Most Bullish in Two Years as Mideast Tension Flares - Bloomberg](https://feedsoft.ai/events/10026-oil-bets-are-most-bullish-in-two-years-as-mideast-tension-flares-bloomberg.md) | +1.6% | -6.7% |
| WTI | 2025-06-13 | [Traders pile into $80 US oil bets as tensions rise in Middle East](https://feedsoft.ai/events/11154-traders-pile-into-80-us-oil-bets-as-tensions-rise-in-middle-east.md) | +10.2% | +1.1% |
| WTI | 2019-09-15 | [Crude Oil Prices Surge Most Ever After Attack Cuts Saudi Supplies - Bloomberg](https://feedsoft.ai/events/6927-crude-oil-prices-surge-most-ever-after-attack-cuts-saudi-supplies-bloomberg.md) | +5.8% | -0.1% |
| WTI | 2025-06-11 | [Oil prices jumps 4% to 2-month high as tensions rise in Middle East \| Reuters](https://feedsoft.ai/events/11156-oil-prices-jumps-4-to-2-month-high-as-tensions-rise-in-middle-east-reuters.md) | +15.2% | +5.8% |
| WTI | 2022-10-08 | [Why Did Saudi Arabia Defy Biden to Keep Oil Prices High - Bloomberg](https://feedsoft.ai/events/39060-why-did-saudi-arabia-defy-biden-to-keep-oil-prices-high-bloomberg.md) | -7.5% | -0.4% |
| BRENT | 2024-10-06 | [Oil Bets Are Most Bullish in Two Years as Mideast Tension Flares - Bloomberg](https://feedsoft.ai/events/10026-oil-bets-are-most-bullish-in-two-years-as-mideast-tension-flares-bloomberg.md) | +1.2% | -6.8% |
| BRENT | 2019-09-15 | [Crude Oil Prices Surge Most Ever After Attack Cuts Saudi Supplies - Bloomberg](https://feedsoft.ai/events/6927-crude-oil-prices-surge-most-ever-after-attack-cuts-saudi-supplies-bloomberg.md) | +6.6% | -0.3% |
| BRENT | 2025-06-11 | [Oil prices jumps 4% to 2-month high as tensions rise in Middle East \| Reuters](https://feedsoft.ai/events/11156-oil-prices-jumps-4-to-2-month-high-as-tensions-rise-in-middle-east-reuters.md) | +14.7% | +5.4% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-03-01/traders-pay-most-in-years-to-bet-oil-prices-will-rise-even-more

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