Oil prices inch higher amid attacks on Russian energy facilities

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.

• Mar 7, 2021Oil price rises above $70 after attacks on Saudi oil facilities-0.7%
• Mar 25, 2022Oil rises to over $120/bbl after attack on Saudi facilities | Reuters-11.6%
• Mar 7, 2022Oil prices hit 14-year highs on Russia oil ban talks, Iran deal delay | Reuters-5.5%
• Sep 16, 2019Attack On Saudi Oil Facilities Makes Oil Prices Spike : NPR+5.8%
• Oct 23, 2026Oil prices jump $3 on Houthi attacks, oil spill, highest settlement since April By Reuters-1.0%

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.

• Mar 7, 2021Oil price rises above $70 after attacks on Saudi oil facilities-0.9%
• Mar 25, 2022Oil rises to over $120/bbl after attack on Saudi facilities | Reuters-11.4%
• Mar 7, 2022Oil prices hit 14-year highs on Russia oil ban talks, Iran deal delay | Reuters-4.6%
• Sep 16, 2019Attack On Saudi Oil Facilities Makes Oil Prices Spike : NPR+6.6%
• Oct 23, 2026Oil prices jump $3 on Houthi attacks, oil spill, highest settlement since April By Reuters-1.7%