Brent bias flipped 75 times to neutral on August 10, 2026
Brent crude is reacting to heightened Middle East risk, as the Strait of Hormuz remains blocked with the US turning away 55 ships and Iran's Revolutionary Guards vowing the route stays closed until its conditions are met. Fresh Houthi strikes in Yemen and unconfirmed reports of further Iranian missile launches intensify supply disruption fears, while BofA notes far more vessels would be needed to stabilize oil markets. The stalemate keeps geopolitical premiums elevated for the benchmark.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 75 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Bullish
- 01:08Bearish
- 01:21Neutral
- 01:33Weak bullish
- 03:41Bullish
- 04:25Bearish
- 04:37Bullish
- 04:41Neutral
- 05:13Bullish
- 05:33Neutral
- 05:37Bullish
- 06:26Neutral
- 06:54Bullish
- 06:58Weak bullish
- 07:02Neutral
- 07:18Weak bearish
- 07:38Neutral
- 07:46Bearish
- 07:58Weak bearish
- 08:10Bullish
- 08:14Weak bullish
- 08:26Bullish
- 08:38Neutral
- 08:58Bullish
- 09:10Neutral
- 09:18Weak bullish
- 09:26Bullish
- 09:34Weak bearish
- 09:38Bullish
- 10:46Bearish
- 10:58Weak bearish
- 11:02Bullish
- 11:10Neutral
- 11:18Bearish
- 11:26Bullish
- 11:34Bearish
- 11:39Weak bullish
- 11:51Bullish
- 12:19Bearish
- 12:23Neutral
- 12:35Bullish
- 12:59Bearish
- 13:11Bullish
- 14:03Bearish
- 14:26Neutral
- 14:58Bullish
- 15:26Weak bullish
- 15:42Bearish
- 15:50Weak bearish
- 15:58Bearish
- 16:22Bullish
- 16:46Neutral
- 16:50Bullish
- 17:07Weak bullish
- 17:15Neutral
- 18:23Bullish
- 18:35Neutral
- 18:55Bearish
- 18:59Bullish
- 19:03Neutral
- 19:13Bullish
- 19:21Bearish
- 19:25Weak bullish
- 19:53Bullish
- 20:13Neutral
- 20:29Bullish
- 20:33Neutral
- 21:05Bearish
- 21:13Bullish
- 21:17Neutral
- 21:29Bullish
- 21:33Weak bullish
- 22:05Bullish
- 22:25Neutral
- 23:18Weak bullish
- 23:22Neutral
Headlines (17)
First seen on August 10
- U.S. reaffirms grip on Hormuz blockade, turning away 55 ships as talks stallCNBC
- Middle East live: Houthis launch deadly strike on port city of Mocha in Yemenfrance24.com
- Hormuz Tensions Surge After Reports of Another Tanker StrikeOilPrice.com
- Brent: Iran talks keep risk premium in focus – Deutsche BankFXStreet
- Oil prices trim losses on delayed US-Iran deal; lack of US attacks keeps hopes aliveInvestingLive
- Oil: Strait risk and cautious positioning – INGFXStreet
- BofA: Hormuz Needs 10 Times More Ships to Stabilize Oil MarketsOilPrice.com
- U.S. Stocks Fall as Hopes for Strait of Hormuz Reopening Are Dashed AgainThe Wall Street Journal
- UNCONFIRMED - Incoming report of further cruise missile launches from Sirik, IranInvestingLive
Carried over from earlier days
- U.A.E. Says Iran Attacked One of Its Ships in HormuzThe Wall Street Journal
- Iran Says Hormuz Stays Closed Until U.S. Meets Six Sweeping DemandsOilPrice.com
- Airlines Scramble for Jet Fuel as Hormuz Disruption Drags OnOilPrice.com
- Strait of Hormuz may remain closed to shipping for up to one year — Iraqi expertTASS
- Middle East crisis live: Hormuz will stay closed until US ‘accepts all our conditions’, say Iran’s Revolutionary GuardsThe Guardian
- Oil slides more than 8% for the week as traders hope for Hormuz reopening dealcontent-media.investing.com
- Iran War Timeline: Key Moments and Attacks In U.S. and Israel’s CampaignThe New York Times
- Oil Prices Climb and Stocks Dip on Stalemate in Iran WarThe New York Times
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, August 12 | ||
| Building Permits m/m | 0.8% | CAD |
| Crude Oil Inventories | USD | |
| Thursday, August 13 | ||
| Foreign Direct Investment ytd/y | CNY | |
| New Loans | 50B | CNY |
| M2 Money Supply y/y | 7.9% | CNY |
| Friday, August 14 | ||
| Wholesale Sales m/m | 2.7% | CAD |
| Manufacturing Sales m/m | -0.1% | CAD |
| Monday, August 17 | ||
| New Home Prices m/m | CNY | |