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US crude oil fell 0.9% to $101.86 a barrel on Thursday after rising 3% the previous session. Traders remain on edge over the Yemen conflict.
Crude moves feed through to diesel, fertilizer and freight costs, so the Yemen tension keeps energy-linked input costs elevated.
businesstoday.com.myOct 29, 2026After 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.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
