Oil falls as Trump's plan to boost US oil output takes shape

After 215 past bearish policy events, Crude Oil (WTI) moved a median +0.1% over 5 sessions (51% higher; middle half -4.4% to +3.3%), and +0.2% over 20.

• May 25, 2018Oil dives as OPEC signals plan to boost supplies | AP News-7.0%
• Aug 3, 2020Oil falls on supply glut fears as OPEC+ set to boost output - Markets - Business Recorder+2.5%
• Nov 1, 2025Oil settles lower as OPEC plans to increase oil output-2.0%
• Mar 1, 2019Crude Oil Prices Fall On Trump's OPEC Tweet But U.S. Shale Boom Continues-1.0%
• Sep 26, 2024Crude oil prices today: WTI falls as Saudi committed to higher output+0.5%

After 210 past bearish policy events, Crude Oil (Brent) moved a median -0.9% over 5 sessions (48% higher; middle half -3.8% to +3.2%), and +0.2% over 20.

• May 25, 2018Oil dives as OPEC signals plan to boost supplies | AP News-3.5%
• Aug 3, 2020Oil falls on supply glut fears as OPEC+ set to boost output - Markets - Business Recorder+2.4%
• Nov 1, 2025Oil settles lower as OPEC plans to increase oil output-2.4%
• Mar 1, 2019Crude Oil Prices Fall On Trump's OPEC Tweet But U.S. Shale Boom Continues+0.0%
• Sep 26, 2024Crude oil prices today: WTI falls as Saudi committed to higher output-0.1%