Oil prices fall as Brent drops 0.75 percent to $91.88, WTI loses 0.90 percent as markets reduce supply risk premium

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.

• Oct 29, 2026US oil prices fall as investors gauge risks to Mideast supply By Reuters-2.3%
• Jun 23, 2025Oil prices drop 6% as Israel-Iran ceasefire reduces Middle East supply risk | Reuters-12.2%
• May 5, 2026Oil Prices Tumble Over 3% as Risk Sentiment Shifts and Demand Concerns Weigh on WTI and Brent-7.6%
• Mar 25, 2026Oil price: WTI, Brent fall as Trump signals Iran talks despite Tehran denial+10.2%
• May 20, 2026Oil prices fall 5% after Trump comments while analysts point to supply crunch-17.6%

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.

• Oct 29, 2026US oil prices fall as investors gauge risks to Mideast supply By Reuters-5.4%
• Jun 23, 2025Oil prices drop 6% as Israel-Iran ceasefire reduces Middle East supply risk | Reuters-11.9%
• May 5, 2026Oil Prices Tumble Over 3% as Risk Sentiment Shifts and Demand Concerns Weigh on WTI and Brent-9.6%
• Mar 25, 2026Oil price: WTI, Brent fall as Trump signals Iran talks despite Tehran denial+15.0%
• May 20, 2026Oil prices fall 5% after Trump comments while analysts point to supply crunch-15.3%