Oil edges down as investors await US midterm election results

Not enough comparable past events yet for a historical read.

After 255 past bearish geopolitics events, Crude Oil (WTI) moved a median -2.4% over 5 sessions (31% higher; middle half -7.0% to +1.7%), and -5.0% over 20.

• May 27, 2026Oil settles 5% lower as investors await updates on US-Iran peace deal talks | Reuters-0.2%
• Oct 29, 2026US oil prices fall as investors gauge risks to Mideast supply By Reuters-2.3%
• Mar 9, 2022Euro surges as oil prices ease and investors embrace risk-22.0%
• Mar 10, 2026Oil dives, settles down 11% after Trump predicts Middle East de-escalation | Reuters-1.3%
• Feb 1, 2026Oil settles down over 4% on US-Iran de-escalation, easing supply worries | Reuters-1.6%

After 250 past bearish geopolitics events, Crude Oil (Brent) moved a median -3.1% over 5 sessions (36% higher; middle half -7.9% to +1.6%), and -5.5% over 20.

• May 27, 2026Oil settles 5% lower as investors await updates on US-Iran peace deal talks | Reuters-3.9%
• Oct 29, 2026US oil prices fall as investors gauge risks to Mideast supply By Reuters-5.4%
• Mar 9, 2022Euro surges as oil prices ease and investors embrace risk-21.5%
• Mar 10, 2026Oil dives, settles down 11% after Trump predicts Middle East de-escalation | Reuters+4.1%
• Feb 1, 2026Oil settles down over 4% on US-Iran de-escalation, easing supply worries | Reuters-3.1%