Oil rises on concerns global political risks could tighten supplies

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.

• Mar 19, 2024Oil rises to multi-month highs on Russian supply concerns-1.3%
• May 17, 2026Oil prices rise 3% to two-week high on Iran war supply concerns | Reuters-8.1%
• Oct 28, 2026Arab News | Oil rises more than 1% as supply concerns persist-2.1%
• Aug 28, 2018Oil prices rise on expectations of tightening market on supply risks, ETEnergyworld+0.3%
• Mar 25, 2024Oil prices rise amid worsening geopolitical outlook and tighter supply | The National+4.1%

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.

• Mar 19, 2024Oil rises to multi-month highs on Russian supply concerns-0.2%
• May 17, 2026Oil prices rise 3% to two-week high on Iran war supply concerns | Reuters-5.7%
• Oct 28, 2026Arab News | Oil rises more than 1% as supply concerns persist-4.7%
• Aug 28, 2018Oil prices rise on expectations of tightening market on supply risks, ETEnergyworld+3.1%
• Mar 8, 2022Global diesel prices soar as bans on Russian supplies add to tightness-13.8%