Brent bias flipped 15 times to neutral on September 8, 2026
Brent crude prices have climbed sharply, driven by escalating US-Iran tensions and reported attacks on Saudi Aramco facilities, which heighten supply risks from the Middle East. Additionally, a rebound in Chinese crude buying is adding demand-side support. These factors push Brent above $98 per barrel, as markets weigh the potential for further disruptions to global oil supplies.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 15 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
- 00:00Neutral
- 00:37Bullish
- 02:19Neutral
- 02:39Bullish
- 06:54Neutral
- 07:09Bullish
- 08:44Neutral
- 09:00Bullish
- 16:50Neutral
- 17:05Bullish
- 17:20Neutral
- 18:22Bullish
- 20:21Neutral
- 20:36Weak bullish
- 20:51Bullish
- 23:16Neutral
Headlines (14)
First seen on September 8
- Oil Prices Climb Toward $100 as Middle East Peace Hopes FadeOilPrice.com
- Brent Oil Price Tops $99 as Saudi Attack Widens the Oil Risk Map. Is This War Spike Different?ActionForex
- Futures Fall As Inflation Fears Mount With Oil Set To Top $100ZeroHedge
- Sunset Market CommentaryActionForex
- Dow Jones Industrial Average is paying for a sixth day of Crude OilFXStreet
- Dow ends over 600 points down, oil prices rise on escalating U.S.-Iran tensionsMarketWatch
Carried over from earlier days
- 'Joining Iran's navy on seafloor': CENTCOM sinks Iranian oil tanker in Gulf of Omanjpost.com
- US, Iran engaged in tanker war: Where is the months-long conflict headed?Al Jazeera
- Iran warns of 'faster, heavier, more painful response' to US attacksbbc.co.uk
- Brent: Supply risks support prices – Danske BankFXStreet
- Oil prices climb as US-Iran missile strikes keep Hormuz risks elevatedInvestingLive
- Oil nears $98 as Chinese crude buying rebounds, Middle East risks intensifyworldoil.com
- Oil prices surge as US-Iran strikes intensify in Strait of HormuzAl Jazeera
- Oil prices climb, Dow futures sink on reports of Saudi Aramco refinery being hitMarketWatch
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, September 8 | ||
| USD-Denominated Trade Balance | 118.6B | CNY |
| Trade Balance | 805B | CNY |
| Annual Budget Release | CAD | |
| Wednesday, September 9 | ||
| CPI y/y | 0.8% | CNY |
| PPI y/y | 3.6% | CNY |
| USD-Denominated Trade Balance | CNY | |
| Trade Balance | CNY | |
| Thursday, September 10 | ||
| Crude Oil Inventories | USD | |