Oil settles near 2014 high on Russia-Ukraine escalation

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.

• Dec 13, 2024Oil up 2%, settles at 3-week high as more sanctions loom on Russia, Iran | Reuters-0.2%
• Nov 21, 2024Oil rises 2% on supply worries as Russia-Ukraine war escalates-0.3%
• Mar 25, 2026Oil settles up nearly 6% as investors fear further Middle East escalation | Reuters+15.0%
• Feb 18, 2026Oil settles up 4% on Iran-US tensions, Russia-Ukraine talks end without breakthrough | Reuters+3.5%
• Feb 19, 2025Oil holds near one-week high on supply concerns, sanctions on Russia eyed | Reuters-4.1%

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.

• Dec 13, 2024Oil up 2%, settles at 3-week high as more sanctions loom on Russia, Iran | Reuters-0.2%
• Nov 21, 2024Oil rises 2% on supply worries as Russia-Ukraine war escalates-0.3%
• Mar 25, 2026Oil settles up nearly 6% as investors fear further Middle East escalation | Reuters+10.2%
• Feb 18, 2026Oil settles up 4% on Iran-US tensions, Russia-Ukraine talks end without breakthrough | Reuters+5.1%
• Feb 19, 2025Oil holds near one-week high on supply concerns, sanctions on Russia eyed | Reuters-4.2%