Brent bias flipped 44 times to bullish on September 1, 2026
Brent crude prices have extended gains above $90 a barrel as US-Iran tensions escalate, with US military strikes on Iran and attacks on tankers in the Strait of Hormuz heightening supply concerns. The Strait of Hormuz is a vital oil shipping route, and any disruption there raises risks to global supply. Diplomatic efforts, such as Qatar's attempts to reopen the strait, are underway, but markets remain focused on the immediate geopolitical risks.
Updated
The reading that day
BullishAt the close of the UTC day.
BearishNeutralBullish
It changed 44 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
- 00:44Weak bullish
- 00:59Bullish
- 02:35Neutral
- 03:45Bullish
- 04:10Neutral
- 06:11Bullish
- 06:31Weak bullish
- 07:01Bullish
- 07:57Neutral
- 08:27Weak bearish
- 08:42Neutral
- 08:57Weak bullish
- 09:17Neutral
- 09:42Bullish
- 09:57Weak bullish
- 10:12Bullish
- 10:47Neutral
- 11:02Bullish
- 11:17Neutral
- 11:48Weak bullish
- 12:03Bullish
- 12:18Weak bullish
- 12:33Bullish
- 13:23Neutral
- 13:38Bullish
- 14:24Weak bullish
- 14:39Bearish
- 14:54Neutral
- 15:09Bullish
- 15:49Neutral
- 16:25Bullish
- 16:55Bearish
- 17:10Neutral
- 17:25Bullish
- 18:25Neutral
- 18:40Bullish
- 19:26Bearish
- 19:56Bullish
- 21:11Neutral
- 21:41Bullish
- 21:56Neutral
- 22:47Bullish
- 23:42Weak bullish
- 23:57Bullish
Headlines (15)
First seen on September 1
- Middle East live: Oil prices extend gains as US-Iran tensions flare againfrance24.com
- Global oil prices extend move over $90 after report of two tankers struck in HormuzMarketWatch
- Two Tankers Carrying Saudi Oil Attacked in Strait of Hormuzgcaptain.com
- Hormuz Attacks Test Shuttle Trade’s Breaking Pointenergyintel.com
- Qatar says efforts under way to end Iran-US war and reopen Strait of HormuzAl Jazeera
- Crude oil moves higher. Stocks move lower as reports of an American attack on IranInvestingLive
- The US military began striking targets in Iran, CENTCOM saysAl Jazeera
Carried over from earlier days
- What the Hormuz crisis has cost fossil fuel importers — March to August 2026Hellenic Shipping News
- Oil - Escalation news: Iran fires missiles from four provinces after Larak Island strikeInvestingLive
- US Strikes Iran, Brent Cracks $90 as Hormuz Risk Explodes AgainBitcoin.com News
- WTI remains above $83.50 as Iran fires missiles following US strikesFXStreet
- Price of futures contracts of Brent oil up 2.9% amid Middle East escalationTASS
- Oil Price Surges Above $90 as US-Iran Conflict Returns, but Markets Resist Full Risk-Off MoveActionForex
- Trump threatens to ‘hit Iran hard’ as strikes resume after month-long lullfrance24.com
- U.S. launches its first strike on Iran in over a month, regime retaliatescbsnews.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, September 1 | ||
| RatingDog Manufacturing PMI | 51.0 | CNY |
| Manufacturing PMI | CAD | |
| Wednesday, September 2 | ||
| Overnight Rate | 2.25% | CAD |
| BOC Rate Statement | CAD | |
| BOC Press Conference | CAD | |
| Crude Oil Inventories | -0.4M | USD |
| Thursday, September 3 | ||
| RatingDog Services PMI | 50.6 | CNY |
| Trade Balance | 3.2B | CAD |