WTI steadies below $102.00 as diplomatic hopes offset Middle East supply risks

After 60 past neutral geopolitics events, Crude Oil (WTI) moved a median -0.9% over 5 sessions (43% higher; middle half -4.7% to +2.3%), and -1.9% over 20.

• Jul 31, 2026WTI Oil rises as geopolitical risks keep supply concerns alive-7.4%
• Jul 13, 2018Oil rises but declines for the week as supply concerns ease-1.2%
• Jun 12, 2025Market Talk | Biggest Rally of the Year Stalled Amid Middle East Tensions+10.2%
• Sep 13, 2018Oil trades below $70 as traders assess supply shortage | The National+1.0%
• Jul 13, 2018Oil falls for second week as supply concerns ease-1.2%

After 63 past neutral geopolitics events, Crude Oil (Brent) moved a median -0.5% over 5 sessions (44% higher; middle half -4.4% to +2.6%), and -2.7% over 20.

• Jul 13, 2018Oil rises but declines for the week as supply concerns ease-1.4%
• Sep 13, 2018Oil trades below $70 as traders assess supply shortage | The National-0.6%
• Jul 13, 2018Oil falls for second week as supply concerns ease-1.4%
• Nov 19, 2025Europe Diesel Crack Hits Two-Year High on Supply Fears - OPIS, A Dow Jones Company-2.5%
• Apr 23, 2024The Commodities Feed: Middle East tensions ease | articles | ING THINK+1.5%