Brent bias flipped 8 times to neutral on August 21, 2026
Brent crude has pushed past $94 as the U.S. prepares new economic measures against Iran and Middle East tensions persist. Shipping traffic through the Strait of Hormuz has declined amid stalled Iran-US talks, heightening supply concerns. A reported weekly increase in U.S. crude stockpiles has not offset these geopolitical drivers.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 8 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
- 00:30Neutral
- 03:01Bullish
- 03:21Neutral
- 04:16Weak bullish
- 19:49Weak bearish
- 20:04Neutral
- 20:22Bullish
- 21:12Neutral
Headlines (11)
First seen on August 21
- Middle East live: Hormuz shipping traffic falls as Iran-US talks stallfrance24.com
- Oil prices on track for second straight weekly rise amid Mideast tensionsHellenic Shipping News
- Oil prices rise toward $94 as U.S. prepares new Iran economic measuresworldoil.com
Carried over from earlier days
- South Africa to Australia: Why coal profits are surging during Iran warAl Jazeera
- U.S. Crude Oil Stockpiles Post Weekly IncreaseThe Wall Street Journal
- 60 days of a broken US-Iran MoU: the market stopped waiting for HormuzHellenic Shipping News
- Hope Fades, Traders Brace for Extended Oil, LNG SqueezeOilPrice.com
- Futures Slide As Treasury Yields Surge, Erasing Bessent Intervention, Driven By Oil SpikeZeroHedge
- Brent Breaks $94, Global Yields Push Higher — but Dollar Refuses to FollowActionForex
- US Will Impose ‘Toughest Sanctions in History’ on Iran, Bessent Saysgcaptain.com
- TSX edges lower as oil prices creep higher, U.S. stocks also negativeboereport.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, August 21 | ||
| Foreign Direct Investment ytd/y | CNY | |
| Core Retail Sales m/m | 0.2% | CAD |
| Retail Sales m/m | 0.4% | CAD |
| Monday, August 24 | ||
| Corporate Profits q/q | CAD | |
| Wednesday, August 26 | ||
| Crude Oil Inventories | USD | |
| Thursday, August 27 | ||
| Current Account | 5.6B | CAD |
| CB Leading Index m/m | CNY | |
| Friday, August 28 | ||
| GDP m/m | 0.2% | CAD |