Front-month Brent oil futures extend gains after record monthly rise in March

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.

• Mar 29, 2026Brent eyes record monthly rise; US crude settles above $100 as Houthis join Iran war | Reuters+1.2%
• Oct 22, 2025Oil extends gains after settlement on new sanctions on Russian oil companies | Reuters+5.0%
• Oct 7, 2024Oil prices extend gains, lifting Brent crude towards $80 on fears of wider Middle East conflict | Reuters+1.2%
• Jan 31, 2019Futures Movers: Oil Gains, With U.S. Prices Up More Than 20% For The Month - Global Financial Market Review+1.1%
• Jun 11, 2025Oil prices jumps 4% to 2-month high as tensions rise in Middle East | Reuters+14.7%

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.

• Mar 31, 2020Oil gains nearly 2%, but posts worst month and quarter on record+64.9%
• Mar 29, 2026Brent eyes record monthly rise; US crude settles above $100 as Houthis join Iran war | Reuters+12.7%
• Oct 22, 2025Oil extends gains after settlement on new sanctions on Russian oil companies | Reuters+4.0%
• Oct 7, 2024Oil prices extend gains, lifting Brent crude towards $80 on fears of wider Middle East conflict | Reuters+1.6%
• Jan 31, 2019Futures Movers: Oil Gains, With U.S. Prices Up More Than 20% For The Month - Global Financial Market Review-0.4%