Oil on course to break $60 a barrel level

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.

• Oct 2, 2018Oil Puts Rupee on Course to Outstrip Taper-Tantrum Losses - Bloomberg-1.1%
• Apr 26, 2018Dealers see rupee breaching the 67 level. Here's why-0.9%
• Dec 5, 2016The good oil on grain prices… - Grain Central-0.3%
• Jul 26, 2023The increase in the price of oil led to an increase in the prices of gas and nitrogen fertilizers+1.9%
• Apr 4, 2024Brent Oil Futures Hit $90 a Barrel for First Time Since October - Bloomberg+1.2%

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.

• Jun 28, 2018Oil prices are high. So why is the Canadian dollar still so low? - National | Globalnews.ca-3.7%
• Oct 29, 2026December Rate Hike Expectations and Expensive Oil: The Dollar Is Back on Top | Investing.com-2.3%
• Dec 5, 2016The good oil on grain prices… - Grain Central-0.4%
• Jul 26, 2023The increase in the price of oil led to an increase in the prices of gas and nitrogen fertilizers+2.1%
• Feb 17, 2022Why oil and the Canadian dollar are breaking up - The Globe and Mail-1.1%

After 105 past bullish macro events, ULSD / Diesel moved a median -0.4% over 5 sessions (45% higher; middle half -3.4% to +1.8%), and +1.2% over 20.

• Dec 5, 2016The good oil on grain prices… - Grain Central-1.9%
• Jun 14, 2019One of the biggest environmental regulations ever is coming and it will wreak havoc - FreightWaves+4.5%
• Jan 9, 2017Oil Prices: What to Make of the Volatility-2.7%
• May 22, 2026Brent’s $100 Forecast May Understate the Risk of a Tighter Oil Market | Investing.com AU-9.5%
• Apr 30, 2026Global energy costs rise as Iran war affects Brent crude oil price | AP News-9.9%