Oil ticks up as markets weigh U.S. debt deal, rate hike possibility

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

• Jul 23, 2026Traders stick with ECB rate-hike bets as oil touches $100 once more - AOL-2.9%
• Sep 28, 2026Rand weakens as oil prices rise and rate-hike fears support dollar+6.5%
• Nov 23, 2020Oil Hits March High With Transition Stoking Rally Across Markets - Bloomberg+7.1%
• Oct 26, 2022Weak dollar, big U.S. crude exports buoy oil markets+2.4%
• Apr 30, 2026Rupee hits record low: Analysts flag 96-97 levels as oil, Fed stance weigh | Markets News - Business Standard-15.3%

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

• Jul 23, 2026Traders stick with ECB rate-hike bets as oil touches $100 once more - AOL-2.1%
• Apr 29, 2026Canadian dollar steadies as oil lifts BoC rate hike bets - The Globe and Mail+2.2%
• May 7, 2018Dollar marches to 4-month high as oil rally points to higher inflation - MarketWatch+1.4%
• May 26, 2023C$ posts weekly decline as investors eye higher U.S. rates | Financial Post+0.0%
• Nov 23, 2020Oil Hits March High With Transition Stoking Rally Across Markets - Bloomberg+7.6%