Oil prices ease as US-Iran talks, OPEC+ plans spur supply concerns

After 250 past bearish geopolitics events, Crude Oil (Brent) moved a median -3.1% over 5 sessions (36% higher; middle half -7.9% to +1.6%), and -5.5% over 20.

• Apr 13, 2026Oil prices fall as supply concerns ease on hopes for US-Iran talks - CNA-11.3%
• Oct 29, 2026Oil falls as efforts to revive US-Iran talks ease supply concerns-5.4%
• Oct 29, 2026Oil prices fall as hopes of US-Iran peace talks ease supply fears | Commodity News - Business Standard-5.4%
• Apr 1, 2026Oil Declines as US, Israel Seek to Ease Concerns Over Iran War-12.2%
• Aug 1, 2024Oil prices fall 2% to six-week low on ceasefire talks, demand concerns-3.4%

After 255 past bearish geopolitics events, Crude Oil (WTI) moved a median -2.4% over 5 sessions (31% higher; middle half -7.0% to +1.7%), and -5.0% over 20.

• Apr 13, 2026Oil prices fall as supply concerns ease on hopes for US-Iran talks - CNA-12.8%
• Oct 29, 2026Oil falls as efforts to revive US-Iran talks ease supply concerns-2.3%
• Oct 29, 2026Oil prices fall as hopes of US-Iran peace talks ease supply fears | Commodity News - Business Standard-2.3%
• Apr 1, 2026Oil Declines as US, Israel Seek to Ease Concerns Over Iran War-6.6%
• Aug 1, 2024Oil prices fall 2% to six-week low on ceasefire talks, demand concerns-3.4%