Oil prices fall 2% to six-week low on ceasefire talks, demand concerns

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%
• Apr 8, 2026Oil: Prices slump below $100 on ceasefire – ING-18.9%
• May 27, 2025Oil prices ease as US-Iran talks, OPEC+ plans spur supply concerns+0.9%
• May 5, 2026Oil Prices Tumble Over 3% as Risk Sentiment Shifts and Demand Concerns Weigh on WTI and Brent-7.6%
• Apr 8, 2026Oil prices plunge on Trump's US-Iran ceasefire post-18.9%

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%
• Apr 8, 2026Oil: Prices slump below $100 on ceasefire – ING-13.7%
• May 27, 2025Oil prices ease as US-Iran talks, OPEC+ plans spur supply concerns+0.8%
• May 5, 2026Oil Prices Tumble Over 3% as Risk Sentiment Shifts and Demand Concerns Weigh on WTI and Brent-9.6%
• Apr 8, 2026Oil prices plunge on Trump's US-Iran ceasefire post-13.7%