Crude Ends Week Lower After Largest Dip in More Than Four Years

After 80 past bearish trade events, Crude Oil (WTI) moved a median -2.2% over 5 sessions (30% higher; middle half -6.9% to +0.8%), and -1.5% over 20.

• Jul 11, 2018Crude Crumbles Under Trade War That Imperils Economic Growth - Bloomberg-8.2%
• Jun 2, 2019Crude posts worst May in seven years as trade-war anxiety builds+0.9%
• Apr 4, 2025Oil dives 7% to lowest in over 3 years on China's tariffs-10.2%
• Aug 1, 2019Oil plunges, down more than 6% after Trump adds tariffs on China-12.7%
• Oct 31, 2017Oil approaches 2-year highs but US export increase looms crude exports | The National+5.9%

After 56 past bearish trade events, Crude Oil (Brent) moved a median -5.6% over 5 sessions (20% higher; middle half -9.0% to -1.7%), and -4.5% over 20.

• Jul 11, 2018Crude Crumbles Under Trade War That Imperils Economic Growth - Bloomberg-8.7%
• Jun 2, 2019Crude posts worst May in seven years as trade-war anxiety builds-2.9%
• Apr 4, 2025Oil dives 7% to lowest in over 3 years on China's tariffs-9.8%
• Aug 1, 2019Oil plunges, down more than 6% after Trump adds tariffs on China-13.9%
• Aug 5, 2019Oil Slumps Into Bear Market as Trade Tensions Feed Demand Angst - Bloomberg-5.8%

After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.

• May 13, 2019What Does the US Export to China? Soybeans Lowest in Decade - Bloomberg+3.1%
• May 6, 2019Trump Trade Tweets Send Grain Markets Diving to 42-Year Low - Bloomberg-3.9%
• Nov 7, 2022China’s October soybean imports slide to lowest in eight years+0.3%
• Nov 20, 2019USD/JPY trades in red below 108.50 as 10-year US T-bond yield erases more than 2% - Forex Crunch-3.0%
• Jun 2, 2019Crude posts worst May in seven years as trade-war anxiety builds-2.4%