Oil settles down over 3% as investors reassess Trump's tariff flip

After 171 past bearish report events, Crude Oil (WTI) moved a median -1.5% over 5 sessions (37% higher; middle half -4.8% to +1.9%), and -0.9% over 20.

• Jan 8, 2020Oil slumps, stocks soar as Mideast conflict worries fade | Reuters-7.0%
• May 3, 2017U.S. oil inventories dip, but gasoline builds amid weak demand: EIA By Reuters-3.8%
• Oct 4, 2023Oil settles down more than $5 as US data shows weak demand for gasoline-3.7%
• Nov 4, 2024OPEC oil output rises in October as Libyan supply rebounds, survey finds | Reuters+1.3%
• Aug 31, 2023OPEC oil output rises in August as Iran hits 2018 high, Reuters survey finds | Reuters+6.4%

After 129 past bearish report events, Crude Oil (Brent) moved a median -1.3% over 5 sessions (45% higher; middle half -3.9% to +2.5%), and +0.4% over 20.

• Jan 8, 2020Oil slumps, stocks soar as Mideast conflict worries fade | Reuters-5.9%
• May 3, 2017U.S. oil inventories dip, but gasoline builds amid weak demand: EIA By Reuters-4.0%
• Oct 4, 2023Oil settles down more than $5 as US data shows weak demand for gasoline-3.8%
• Nov 4, 2024OPEC oil output rises in October as Libyan supply rebounds, survey finds | Reuters+0.8%
• Aug 31, 2023OPEC oil output rises in August as Iran hits 2018 high, Reuters survey finds | Reuters+5.7%