# Crude oil market gets whiplash, investors should expect more volatility

> Brent has climbed to about $78 a barrel this year while WTI struggles near $70. Analysts describe a volatile market pressured by the Iran nuclear accord exit, Venezuelan output declines, and OPEC's cautious policy stance.

- Date: 2018-07-24 · published 2018-07-24T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/64202-crude-oil-market-gets-whiplash-investors-should-expect-more-volatility
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Volatile crude feeds through to diesel, fertilizer and freight costs for feed producers. Prices nearing $80 could trigger demand destruction, which would cap the rally.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-09-28 | [Oil Market Split Shows Why Fuel Shortages Are Outpacing Crude Supply \| Investing.com PH](https://feedsoft.ai/events/17634-oil-market-split-shows-why-fuel-shortages-are-outpacing-crude-supply-investing.md) | +9.2% | +22.8% |
| WTI | 2022-10-26 | [Weak dollar, big U.S. crude exports buoy oil markets](https://feedsoft.ai/events/39037-weak-dollar-big-u-s-crude-exports-buoy-oil-markets.md) | +2.6% | -6.1% |
| WTI | 2017-01-09 | [Oil Prices: What to Make of the Volatility](https://feedsoft.ai/events/73142-oil-prices-what-to-make-of-the-volatility.md) | -3.0% | -1.8% |
| WTI | 2017-10-31 | [Oil up near 2-year highs, analysts see more US crude exports](https://feedsoft.ai/events/68630-oil-up-near-2-year-highs-analysts-see-more-us-crude-exports.md) | +5.9% | +7.1% |
| WTI | 2021-05-28 | [Canadian dollar falls as investors weigh US inflation surge - Markets - Business Recorder](https://feedsoft.ai/events/47328-canadian-dollar-falls-as-investors-weigh-us-inflation-surge-markets-business.md) | +4.1% | +10.9% |
| BRENT | 2026-09-28 | [Oil Market Split Shows Why Fuel Shortages Are Outpacing Crude Supply \| Investing.com PH](https://feedsoft.ai/events/17634-oil-market-split-shows-why-fuel-shortages-are-outpacing-crude-supply-investing.md) | +7.0% | +11.2% |
| BRENT | 2022-10-26 | [Weak dollar, big U.S. crude exports buoy oil markets](https://feedsoft.ai/events/39037-weak-dollar-big-u-s-crude-exports-buoy-oil-markets.md) | +2.4% | -4.5% |
| BRENT | 2017-01-09 | [Oil Prices: What to Make of the Volatility](https://feedsoft.ai/events/73142-oil-prices-what-to-make-of-the-volatility.md) | -2.8% | -0.2% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/07/23/crude-oil-market-gets-whiplash-investors-should-expect-more-volatilit.html

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