Oil prices settle 1% higher on tepid U.S. inflation data

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.

• Jan 27, 2025Renewed inflation worries help drive oil price rally | Reuters-2.1%
• Aug 22, 2024Oil prices settle $1 up on hopes of a US Fed rate cut next month | Reuters+2.5%
• Oct 11, 2021Oil settles up 1.5%; hits multi-year highs on surging demand | Reuters+3.0%
• Jul 23, 2026Japan core inflation rate in June creeps up from 4-year low as higher oil prices bite-2.9%
• Dec 24, 2024Oil prices up on US growth data+3.1%

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.

• Apr 12, 2023Oil rises 2% on lower-than-expected US inflation data | Reuters-0.8%
• Jan 27, 2025Renewed inflation worries help drive oil price rally | Reuters-2.8%
• Aug 22, 2024Oil prices settle $1 up on hopes of a US Fed rate cut next month | Reuters+3.7%
• Oct 11, 2021Oil settles up 1.5%; hits multi-year highs on surging demand | Reuters+3.6%
• Dec 24, 2024Oil prices up on US growth data+4.0%

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Apr 12, 2023Oil rises 2% on lower-than-expected US inflation data | Reuters-0.4%
• Nov 14, 2023Wall St, European stocks fly on soft U.S. inflation data | Reuters-1.8%
• Sep 9, 2022Dollar slides as investors balance positions ahead of U.S. inflation data | Reuters+0.2%
• Nov 14, 2023Dollar sinks after data shows US inflation cooling | Reuters-1.8%
• Jul 30, 2026Gold rises on weaker U.S. dollar, soft inflation data-1.2%