Oil gains more than 5% for the week as Ukraine war intensifies

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.

• Feb 23, 2022Shipping braces for impact as Russia-Ukraine crisis intensifies+10.4%
• Mar 2, 2026Oil prices soar amid Strait of Hormuz fears as Iran war intensifies+31.0%
• Dec 1, 2025Oil climbs more than 1% on OPEC action, Ukraine attack+0.7%
• Jan 31, 2019Futures Movers: Oil Gains, With U.S. Prices Up More Than 20% For The Month - Global Financial Market Review+1.1%
• Jun 21, 2019Oil rises, bringing rally to more than 9% this week+2.7%

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.

• Feb 23, 2022Shipping braces for impact as Russia-Ukraine crisis intensifies+12.4%
• Mar 2, 2026Oil prices soar amid Strait of Hormuz fears as Iran war intensifies+35.6%
• Dec 1, 2025Oil climbs more than 1% on OPEC action, Ukraine attack+2.7%
• Feb 22, 2022Canadian dollar firms as oil surges on rising Russia-Ukraine tensions - The Globe and Mail+5.3%
• Jan 31, 2019Futures Movers: Oil Gains, With U.S. Prices Up More Than 20% For The Month - Global Financial Market Review-0.4%