Brent and WTI Post Steep Weekly Losses, Close Below US$100

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.

• Mar 13, 2020Crude posts biggest weekly losses since 2008, hit by coronavirus and Saudi price war-18.6%
• Mar 23, 2026Brent Below $100 on Oil, Fuel Swing; US Cites Iran Talks+1.5%
• May 29, 2026Oil prices log steepest weekly loss since April on potential US-Iran peace deal | The National+2.5%
• Apr 10, 2026Oil ends lower ahead of U.S.-Iran ceasefire talks, posts steepest weekly loss since 2022 | Reuters+0.8%
• Mar 18, 2020Brent crude futures hit 16-year low below $27.00/b | S&P Global-9.0%

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.

• Mar 13, 2020Crude posts biggest weekly losses since 2008, hit by coronavirus and Saudi price war-20.3%
• Mar 23, 2026Brent Below $100 on Oil, Fuel Swing; US Cites Iran Talks+2.2%
• May 29, 2026Oil prices log steepest weekly loss since April on potential US-Iran peace deal | The National+4.6%
• Apr 10, 2026Oil ends lower ahead of U.S.-Iran ceasefire talks, posts steepest weekly loss since 2022 | Reuters-3.2%
• Mar 18, 2020Brent crude futures hit 16-year low below $27.00/b | S&P Global-18.5%