Crude oil prices surge past $95 amid fresh Houthi attacks on Saudi facilities; Brent, WTI gain

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.

• Sep 16, 2019Attack On Saudi Oil Facilities Makes Oil Prices Spike : NPR+6.6%
• Mar 7, 2021Oil price rises above $70 after attacks on Saudi oil facilities-0.9%
• Sep 16, 2019Diesel Fuel Prices Surge Following Drone Attack on Saudi Arabian Oil Facilities+6.6%
• Sep 15, 2019Crude Oil Prices Surge Most Ever After Attack Cuts Saudi Supplies - Bloomberg+6.6%
• Mar 18, 2024Oil prices inch higher amid attacks on Russian energy facilities | Reuters-0.3%

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.

• Sep 16, 2019Attack On Saudi Oil Facilities Makes Oil Prices Spike : NPR+5.8%
• Mar 7, 2021Oil price rises above $70 after attacks on Saudi oil facilities-0.7%
• Sep 16, 2019Diesel Fuel Prices Surge Following Drone Attack on Saudi Arabian Oil Facilities+5.8%
• Sep 15, 2019Crude Oil Prices Surge Most Ever After Attack Cuts Saudi Supplies - Bloomberg+5.8%
• Mar 18, 2024Oil prices inch higher amid attacks on Russian energy facilities | Reuters-0.9%

After 250 past bullish geopolitics events, ULSD / Diesel moved a median +1.7% over 5 sessions (58% higher; middle half -3.6% to +8.7%), and +0.9% over 20.

• Sep 16, 2019Diesel Fuel Prices Surge Following Drone Attack on Saudi Arabian Oil Facilities+5.7%
• Sep 15, 2019Brent crude oil spikes the most in history after Saudi attacks+5.7%
• Mar 1, 2022Oil futures: Crude, fuel prices surge as Ukraine conflict pushes NYMEX WTI well past $100/b+33.1%
• Feb 28, 2022Oil Prices for Mar. 01, 2022: Brent Crude, WTI - Bloomberg+34.3%
• Oct 23, 2026Oil prices jump $3 on Houthi attacks, oil spill, highest settlement since April By Reuters-8.2%