Crude oil settles lower as hope fades for Chinese demand

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Dec 20, 2018Oil demand flashes red, sending crude prices even lower-6.7%
• Aug 16, 2023Oil settles lower as China fears, rate hikes counter tight US supply-0.9%
• Mar 5, 2025Declining crude oil and vegetable oil prices lower prices for sunflower seeds and oil in Ukraine-2.9%
• Oct 1, 2025Oil settles lower as investors brace for possible OPEC+ output hike-1.0%
• May 24, 2019Oil Falls As US-China Trade War, Demand Make 'Recipe for Disaster' - Business Insider-2.1%

After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.

• Dec 20, 2018Oil demand flashes red, sending crude prices even lower-8.1%
• Aug 16, 2023Oil settles lower as China fears, rate hikes counter tight US supply-1.4%
• Mar 5, 2025Declining crude oil and vegetable oil prices lower prices for sunflower seeds and oil in Ukraine-1.6%
• Oct 1, 2025Oil settles lower as investors brace for possible OPEC+ output hike-2.2%
• May 24, 2019Oil Falls As US-China Trade War, Demand Make 'Recipe for Disaster' - Business Insider-3.6%