# IEF Comparative Analysis of Monthly Reports on the Oil Market

> The International Energy Forum condemned attacks on Saudi oil facilities at Ras Tanura and a drone strike on a Riyadh refinery in March. The group said the attacks briefly pushed oil above $70 a barrel and cited IEA forecasts that gasoline demand may not return to pre-pandemic levels.

- Date: 2021-03-31 · published 2021-03-31T12:00:00.000Z
- Category: geopolitics · region Saudi Arabia · magnitude low
- Page: https://feedsoft.ai/events/48042-ief-comparative-analysis-of-monthly-reports-on-the-oil-market
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Attacks on energy infrastructure raise supply risk and support crude prices, while weaker long-run gasoline demand is a bearish offset for the energy complex.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-03-01 | [How the attack on Iran could impact the global oil market and economy](https://feedsoft.ai/events/20773-how-the-attack-on-iran-could-impact-the-global-oil-market-and-economy.md) | +35.6% | +50.4% |
| WTI | 2023-10-16 | [The Commodities Feed: Oil market remains nervous \| articles \| ING THINK](https://feedsoft.ai/events/33615-the-commodities-feed-oil-market-remains-nervous-articles-ing-think.md) | +1.5% | -12.6% |
| WTI | 2025-11-13 | [Latest Oil Market News and Analysis for Nov. 14 - Bloomberg](https://feedsoft.ai/events/22140-latest-oil-market-news-and-analysis-for-nov-14-bloomberg.md) | +1.6% | -2.2% |
| WTI | 2026-03-26 | [Latest Oil Market News and Analysis for March 27 - Bloomberg](https://feedsoft.ai/events/20344-latest-oil-market-news-and-analysis-for-march-27-bloomberg.md) | +11.2% | +7.7% |
| WTI | 2024-09-30 | [Latest Oil Market News and Analysis for October 1 - Bloomberg](https://feedsoft.ai/events/28477-latest-oil-market-news-and-analysis-for-october-1-bloomberg.md) | +9.1% | +5.0% |
| BRENT | 2026-03-01 | [How the attack on Iran could impact the global oil market and economy](https://feedsoft.ai/events/20773-how-the-attack-on-iran-could-impact-the-global-oil-market-and-economy.md) | +31.0% | +62.6% |
| BRENT | 2023-10-16 | [The Commodities Feed: Oil market remains nervous \| articles \| ING THINK](https://feedsoft.ai/events/33615-the-commodities-feed-oil-market-remains-nervous-articles-ing-think.md) | +0.4% | -10.9% |
| BRENT | 2025-11-13 | [Latest Oil Market News and Analysis for Nov. 14 - Bloomberg](https://feedsoft.ai/events/22140-latest-oil-market-news-and-analysis-for-nov-14-bloomberg.md) | +2.2% | +0.6% |

## Sources

- ief.org: https://www.ief.org/news/comparative-analysis-of-monthly-reports-on-the-oil-market-12

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.