Oil rises US$3 on Saudi attacks, Hormuz disruptions

After 626 past bullish geopolitics events, Crude Oil (WTI) moved a median +2.1% over 5 sessions (62% higher; middle half -2.3% to +8.5%), and +1.6% over 20.

• Aug 19, 2019Oil Rises 2% After Attack on Saudi Field, Stimulus Expectations - Oil & Gas 360-1.3%
• Mar 7, 2021Oil price rises above $70 after attacks on Saudi oil facilities-0.7%
• Sep 16, 2019Oil surges as Saudi attack focuses market on supply risks+5.8%
• Sep 16, 2019Oil prices leap as attack on Saudi facility disrupts output | AP News+5.8%
• Oct 2, 2026Oil Rises as Mideast Tensions Sustain Supply-Disruption Fears-1.5%

After 656 past bullish geopolitics events, Crude Oil (Brent) moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% over 20.

• Aug 19, 2019Oil Rises 2% After Attack on Saudi Field, Stimulus Expectations - Oil & Gas 360+0.3%
• Mar 7, 2021Oil price rises above $70 after attacks on Saudi oil facilities-0.9%
• Sep 16, 2019Oil surges as Saudi attack focuses market on supply risks+6.6%
• Sep 16, 2019Oil prices leap as attack on Saudi facility disrupts output | AP News+6.6%
• Oct 2, 2026Oil Rises as Mideast Tensions Sustain Supply-Disruption Fears+7.5%