# Market Talk | Veterans Day Trading Sees Energy Complex Bounce On Geopolitical Tensions

> Energy futures rebounded from recent lows, while tanker incidents near the Strait of Hormuz and a Ukrainian drone strike on Russia’s Ust-Luga oil export facility kept geopolitical supply risks in focus. OPEC’s monthly report showed output by OPEC and its partners rising by nearly 2 million barrels per day in October, with global supply and demand otherwise little changed from October.

- Date: 2026-11-11 · published 2026-11-11T18:11:56.270Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/93838-market-talk-veterans-day-trading-sees-energy-complex-bounce-on-geopolitical
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Supply disruptions or renewed security concerns could support crude and refined-product prices, while higher OPEC+ output and recovering export flows could limit the upside. These energy-price swings can affect feed production and freight costs.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2023-10-13 | [Oil prices jump nearly 6% amid geopolitical tensions, post best day since April](https://feedsoft.ai/events/9282-oil-prices-jump-nearly-6-amid-geopolitical-tensions-post-best-day-since-april.md) | +7.8% | -8.1% |
| WTI | 2024-10-01 | [U.S. grains: Wheat rallies on drought, geopolitical tensions; corn follows \| Farmtario](https://feedsoft.ai/events/27910-u-s-grains-wheat-rallies-on-drought-geopolitical-tensions-corn-follows-farmtario.md) | +13.1% | -1.5% |
| WTI | 2025-01-10 | [Market Talk \| The Energy Complex Is In A Technical Breakout To The Upside This Morning With Crude and Refined Product Contracts Up 3-4 Percent Overnight](https://feedsoft.ai/events/10350-market-talk-the-energy-complex-is-in-a-technical-breakout-to-the-upside-this.md) | +7.0% | -3.7% |
| WTI | 2024-10-07 | [Market Talk \| The Relentless Recovery Rally For Energy Contracts Is Continuing For A 5th Straight Session](https://feedsoft.ai/events/11685-market-talk-the-relentless-recovery-rally-for-energy-contracts-is-continuing.md) | +1.6% | -6.7% |
| WTI | 2022-01-31 | [Supply, geopolitics put oil on track - Markets - Business Recorder](https://feedsoft.ai/events/43296-supply-geopolitics-put-oil-on-track-markets-business-recorder.md) | +5.6% | +9.8% |
| BRENT | 2023-10-13 | [Oil prices jump nearly 6% amid geopolitical tensions, post best day since April](https://feedsoft.ai/events/9282-oil-prices-jump-nearly-6-amid-geopolitical-tensions-post-best-day-since-april.md) | +6.4% | -7.2% |
| BRENT | 2025-01-10 | [Market Talk \| The Energy Complex Is In A Technical Breakout To The Upside This Morning With Crude and Refined Product Contracts Up 3-4 Percent Overnight](https://feedsoft.ai/events/10350-market-talk-the-energy-complex-is-in-a-technical-breakout-to-the-upside-this.md) | +5.4% | -4.2% |
| BRENT | 2024-10-07 | [Market Talk \| The Relentless Recovery Rally For Energy Contracts Is Continuing For A 5th Straight Session](https://feedsoft.ai/events/11685-market-talk-the-relentless-recovery-rally-for-energy-contracts-is-continuing.md) | +1.2% | -6.8% |

## Sources

- tacenergy.com: https://www.tacenergy.com/news-and-views/market-talk/veterans-day-trading-sees-energy-complex-bounce-on-geopolitical-tensions

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.