Oil surges above $100 for the first time since 2014, before paring gains

After 162 past geopolitics events, Natural Gas moved a median +2.2% over 5 sessions (61% higher; middle half -2.0% to +7.5%), and +4.1% over 20.

• Oct 28, 2026European gas price crosses €100 for first time since 2022 as EU warns of new crisis | Euronews+0.7%
• Apr 28, 2026Oil Prices Surge as Hormuz Tensions Push WTI Near $100 and Brent Above $111, Threatening Global Energy Markets+5.1%
• Apr 29, 2026Crude oil price jumps to $115, highest level since June 2022 amid stalled Iran war talks. Brace for $150? - The Economic Times+6.9%
• Apr 1, 2026How the Iran War Is Disrupting Global Oil and Gas Supply-4.5%
• Mar 24, 2026Traders bet $500 million on oil price just before Trump's post on delay to Iran attack | Reuters-1.1%

After 626 past bullish geopolitics events, Crude Oil (WTI) moved a median +2.1% over 5 sessions (62% higher; middle half -2.3% to +8.5%), and +1.6% over 20.

• Oct 1, 2018US crude surges above $75 to the highest level since November 2014+1.5%
• Mar 6, 2026Oil surges 35% this week for biggest gain in futures trading history+18.2%
• Mar 6, 2026Wheat Climbs the Most Since 2024 as Grains Follow Surging Crude+18.2%
• Mar 8, 2026Oil Prices Spike to Over $110 a Barrel, Highest Since Pandemic - The New York Times+8.5%
• Nov 22, 2024Oil gains more than 5% for the week as Ukraine war intensifies-3.0%

After 656 past bullish geopolitics events, Crude Oil (Brent) moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% over 20.

• Oct 1, 2018US crude surges above $75 to the highest level since November 2014+2.3%
• Mar 6, 2026Oil surges 35% this week for biggest gain in futures trading history+16.6%
• Mar 8, 2026Oil Prices Spike to Over $110 a Barrel, Highest Since Pandemic - The New York Times+9.5%
• Nov 22, 2024Oil gains more than 5% for the week as Ukraine war intensifies-1.7%
• Sep 16, 2019Biggest oil price surge since 1991 as "locked and loaded" US points finger at Iran for attack+6.6%