Oil Steadies After Slump as Iran War Talks Make Little Progress

After 60 past neutral geopolitics events, Crude Oil (WTI) moved a median -0.9% over 5 sessions (43% higher; middle half -4.7% to +2.3%), and -1.9% over 20.

• Jun 30, 2021Oil steady, traders on sidelines as OPEC+ talks drag on - The Globe and Mail-1.2%
• Dec 3, 2025Vegetable oil prices rose slightly after falling in the previous week-0.7%
• Mar 9, 2026Markets seesaw over oil price fears as Trump says war to be ‘ended soon’ - The Washington Post+8.5%
• Aug 22, 2022Oil pares losses after Saudi oilmin says OPEC+ has options including cuts+0.9%
• Jun 23, 2025Update: oil prices fall back after short-lived surge in early trading - FreightWaves-12.2%

After 63 past neutral geopolitics events, Crude Oil (Brent) moved a median -0.5% over 5 sessions (44% higher; middle half -4.4% to +2.6%), and -2.7% over 20.

• Jun 30, 2021Oil steady, traders on sidelines as OPEC+ talks drag on - The Globe and Mail+0.1%
• Mar 9, 2026Markets seesaw over oil price fears as Trump says war to be ‘ended soon’ - The Washington Post+9.5%
• Aug 22, 2022Oil pares losses after Saudi oilmin says OPEC+ has options including cuts+4.6%
• Jun 23, 2025Update: oil prices fall back after short-lived surge in early trading - FreightWaves-11.9%
• Jun 24, 2019Commodities Week Ahead: Oil Glued To Trump-Iran Face Off; Gold Watches Fed | Investing.com+2.2%