What does US$100-per-barrel crude oil mean for the world’s economy? It depends how long the price holds and who you are

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 17, 2024How the rupee’s fall can impact the economy and what RBI can do about it | Mint-2.5%
• Nov 9, 2020Oil prices are surging on hopes that a vaccine will end lockdowns | Fortune+8.7%
• Feb 7, 2022Soaring oil prices, weakening won weigh on Korea's economy - The Korea Times+1.0%
• Sep 28, 2020Oil up 1% on economic hope; virus fears check price gains | Financial Post-6.7%
• Sep 1, 2023US crude futures climb over $2 per barrel, notch third monthly hike+4.0%

After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• Apr 17, 2024How the rupee’s fall can impact the economy and what RBI can do about it | Mint-2.3%
• Apr 12, 2024Why is European economy diverging from US and what are the limits to this? | Reuters-2.7%
• Nov 9, 2020Oil prices are surging on hopes that a vaccine will end lockdowns | Fortune+8.0%
• Feb 7, 2022Soaring oil prices, weakening won weigh on Korea's economy - The Korea Times+0.9%
• Jan 27, 2020Due to oil prices on the world market, the prices of all commodities are rising – Lider Media-4.7%