Stronger U.S. dollar contributes to higher crude oil prices in international markets - U.S. Energy Information Administration (EIA)

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.

• Apr 30, 2018Higher oil prices to divide emerging markets, benefit Malaysia-0.2%
• Nov 10, 2022Oil prices settle 1% higher on tepid U.S. inflation data | Reuters-0.1%
• Oct 26, 2022Weak dollar, big U.S. crude exports buoy oil markets+2.4%
• Mar 6, 2026Palm oil prices rise 4% as higher energy costs lift biofuel spread margins | S&P Global+16.6%
• Feb 4, 2021Ringgit marginally higher against us dollar on improving oil prices | Malay Mail+4.8%

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Nov 22, 2024International corn market pressured by strong dollar-0.4%
• Feb 14, 2022Higher Rates, Rising Inflation, Stronger U.S. Dollar To Pressure Commodities? | Investing.com-0.0%
• May 7, 2018Dollar marches to 4-month high as oil rally points to higher inflation - MarketWatch+0.0%
• Nov 11, 2021Dollar rockets to 16-month highs after hot U.S. inflation; euro sinks | Reuters+0.8%
• Mar 5, 2024Strong U.S. economy sends dollar bears into hibernation-0.7%