Oil slips 1% on concerns over delayed OPEC+ meeting By Reuters

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.

• Aug 5, 2025Oil prices fall as OPEC+ output hikes counter Russia disruption concerns | Reuters-3.4%
• Apr 6, 2020Oil falls after Saudi Arabia, Russia delay meeting, Cushing stockpiles soar | Reuters-21.1%
• Nov 28, 2025Oil falls on drawn-out Ukraine peace talks, all eyes on upcoming OPEC+ meeting | Reuters+1.7%
• Aug 22, 2017As Compliance Slips, OPEC Decides To 'Reconsider' Output Deal | OilPrice.com-2.0%
• Feb 1, 2026Oil settles down over 4% on US-Iran de-escalation, easing supply worries | Reuters-1.6%

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.

• Aug 5, 2025Oil prices fall as OPEC+ output hikes counter Russia disruption concerns | Reuters-3.1%
• Apr 6, 2020Oil falls after Saudi Arabia, Russia delay meeting, Cushing stockpiles soar | Reuters-12.0%
• Nov 28, 2025Oil falls on drawn-out Ukraine peace talks, all eyes on upcoming OPEC+ meeting | Reuters+0.1%
• Aug 22, 2017As Compliance Slips, OPEC Decides To 'Reconsider' Output Deal | OilPrice.com+0.2%
• Feb 1, 2026Oil settles down over 4% on US-Iran de-escalation, easing supply worries | Reuters-3.1%