US crude futures climb over $2 per barrel, notch third monthly hike

After 487 past bullish macro events, WTI moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• Jan 26, 2023Canadian dollar notches two-month high as stocks climb - Markets - Business Recorder-4.4%
• Apr 4, 2024Brent Oil Futures Hit $90 a Barrel for First Time Since October - Bloomberg+0.9%
• Jul 31, 2023WTI, Brent Notch 15% Monthly Gain on Tightening OPEC-Plus Supply+2.8%
• May 22, 2026S. Korea's currency hits 1 1/2-month low as oil prices climb | Yonhap News Agency-8.2%
• Jan 11, 2022Canadian dollar climbs to 2-month high as oil prices jump+9.3%

After 323 past bullish macro events, BRENT moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.

• May 26, 2020Mexican Peso Hits Two Month High as Crude Rises Above $35+8.9%
• Apr 4, 2024Brent Oil Futures Hit $90 a Barrel for First Time Since October - Bloomberg+1.2%
• Jul 31, 2023WTI, Brent Notch 15% Monthly Gain on Tightening OPEC-Plus Supply+2.4%
• Apr 29, 2019What does US$100-per-barrel crude oil mean for the world’s economy? It depends how long the price holds and who you are | South China Morning Post-0.3%
• Aug 23, 2024Oil climbs over 2% after Fed's Powell indicates US rate cuts | Reuters+3.5%