Oil prices feed into inflation, and inflation into interest rates. This post lists the 15 largest one-day moves in the Brent oil price since 2014, including October 2026’s +18%, and shows what bitcoin did on each of those days.
Data as of · 3,052 days, Sep 18, 2014 to Oct 20, 2026 · Brent = EIA Europe Brent spot price · bitcoin daily closes (UTC)
| Rank | Date | Brent, one day | Brent, $ a barrel | Bitcoin, same day | Brent | Year | Source |
|---|---|---|---|---|---|---|---|
| 1 | Apr 22, 2020 | ▲ +51.0% | $9.12 → $13.77 | ▲ +3.44% | Brent up | 2020 | EIA series |
| 2 | Apr 21, 2020 | ▼ −47.5% | $17.36 → $9.12 | ▼ −0.02% | Brent down | 2020 | EIA series |
| 3 | Apr 2, 2020 | ▲ +35.2% | $14.97 → $20.24 | ▲ +2.83% | Brent up | 2020 | EIA series |
| 4 | May 5, 2020 | ▲ +24.8% | $20.40 → $25.46 | ▲ +1.01% | Brent up | 2020 | EIA series |
| 5 | Mar 31, 2020 | ▼ −22.6% | $19.19 → $14.85 | ▲ +0.14% | Brent down | 2020 | EIA series |
| 6 | Mar 9, 2020 | ▼ −22.5% | $45.60 → $35.33 | ▼ −2.28% | Brent down | 2020 | EIA series |
| 7 | Apr 3, 2020 | ▲ +20.2% | $20.24 → $24.33 | ▼ −0.89% | Brent up | 2020 | EIA series |
| 8 | Apr 9, 2020 | ▼ −19.8% | $25.22 → $20.23 | ▼ −0.44% | Brent down | 2020 | EIA series |
| 9 | Mar 18, 2020 | ▼ −18.5% | $27.97 → $22.79 | ▲ +0.25% | Brent down | 2020 | EIA series |
| 10 | Oct 2, 2026 | ▲ +18.0% | $114.82 → $135.51 | ▼ −0.42% | Brent up | 2026 | EIA series |
| 11 | Apr 17, 2026 | ▼ −15.4% | $116.63 → $98.63 | ▲ +2.63% | Brent down | 2026 | EIA series |
| 12 | Apr 29, 2020 | ▲ +14.5% | $15.60 → $17.86 | ▲ +12.73% | Brent up | 2020 | EIA series |
| 13 | Mar 30, 2020 | ▼ −14.3% | $22.39 → $19.19 | ▲ +8.57% | Brent down | 2020 | EIA series |
| 14 | Apr 8, 2020 | ▲ +14.1% | $22.10 → $25.22 | ▲ +2.20% | Brent up | 2020 | EIA series |
| 15 | Mar 16, 2020 | ▼ −13.2% | $32.25 → $27.98 | ▼ −7.01% | Brent down | 2020 | EIA series |
Brent, one day = the day’s Europe Brent spot price ÷ the previous trading day’s, minus 1, for days with a bitcoin close on both sides; gaps of more than four calendar days are skipped.1 Ranked by size, rises and falls together. Bitcoin, same day = UTC daily close on that date ÷ the close the day before, minus 1.2 Bitcoin fell on 6 of these 15 days. Observed facts, not a forecast.
The table uses the U.S. Energy Information Administration’s daily Europe Brent spot price, quoted in dollars per barrel. Brent is a benchmark grade of crude oil that many oil contracts are priced against. The series ran to October 20, 2026 in the EIA’s October 21 release; the next update is October 28.1 This post counts 3,052 trading days from September 18, 2014, when Yahoo Finance’s bitcoin data begins, to that date.2
The Bureau of Labor Statistics said the Consumer Price Index rose 0.6% in September 2026 and 3.7% over the 12 months. Its gasoline index rose 9.1% in the month and accounted for over half of the monthly increase in the all items index; the energy index rose 5.2% in the month and 20.4% over the 12 months.3 Bitcoin’s record on CPI days is on its own page: bitcoin on CPI release days.
On September 16, 2026 the Federal Open Market Committee, the Fed’s rate-setting body, voted 12–0 to raise its target range for the federal funds rate by 1/4 percentage point to 3-3/4 to 4 percent. Its statement said “uncertainty remains elevated owing, in part, to geopolitical developments” and that “inflation remains elevated.”4 The statement does not mention oil. For bitcoin’s moves on those days, see bitcoin on Fed decision days.
Within 2026 the series ranged from $61.08 to $135.51 a barrel on the days in this data set, and closed at $115.22 on October 20.1 Days with a Brent move of 5% or more, by year: 2020: 40, 2021: 8, 2022: 21, 2023: 5, 2024: 2, 2025: 6, 2026: 39.1 Thirteen of the 15 largest daily moves below came in 2020 and two in 2026.
Across all 3,052 days the correlation between Brent’s daily percent change and bitcoin’s is 0.04, close to zero (1 is a perfect match, 0 none, −1 a mirror image). By calendar year it runs from -0.12 in 2026 to 0.18 in 2020.12 On the 87 days Brent rose 5% or more, bitcoin rose on 43; on the 80 days it fell 5% or more, bitcoin rose on 36.12
Brent’s daily price is a spot assessment during the London trading day, while bitcoin’s close is at midnight UTC, and bitcoin also trades through weekends, so the two moves cover slightly different hours. The April 2020 swings include the collapse in demand early in the pandemic. Every day also holds other news. The table lines up one oil move with one bitcoin move and does not show that either caused the other, or what either will do next.
For information only. Not financial advice. See the terms of use.