Oil settles up nearly 6% as investors fear further Middle East escalation

After 656 past bullish geopolitics events, Crude Oil (Brent) moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% over 20.

• Oct 4, 2024Oil settles up, biggest weekly gains in over a year on Middle East war risk | Reuters+2.4%
• Feb 22, 2022Oil settles near 2014 high on Russia-Ukraine escalation | Reuters+6.1%
• Oct 31, 2024Oil Rises On Middle East Conflict Escalation Fears+3.9%
• Jul 23, 2026Oil settles over $100 as Houthi attacks intensify Middle East supply risks | Reuters-9.5%
• Mar 10, 2026Oil settles up nearly 5% as supply fears mount despite record stocks release plan | Reuters+4.1%

After 626 past bullish geopolitics events, Crude Oil (WTI) moved a median +2.1% over 5 sessions (62% higher; middle half -2.3% to +8.5%), and +1.6% over 20.

• Oct 4, 2024Oil settles up, biggest weekly gains in over a year on Middle East war risk | Reuters+2.9%
• Feb 22, 2022Oil settles near 2014 high on Russia-Ukraine escalation | Reuters+5.3%
• Oct 31, 2024Oil Rises On Middle East Conflict Escalation Fears+4.5%
• Jul 23, 2026Oil settles over $100 as Houthi attacks intensify Middle East supply risks | Reuters-7.9%
• Mar 10, 2026Oil settles up nearly 5% as supply fears mount despite record stocks release plan | Reuters-1.3%