Brent bias flipped 2 times to bullish on September 13, 2026
Brent crude rose sharply after new strikes on Saudi Arabia and the Strait of Hormuz, while Saudi Arabia shut down its East-West pipeline that bypasses the Strait of Hormuz. The pipeline outage reportedly threatens about 4% of global oil supply, and the disruption comes as Houthi actions in the Red Sea tighten shipping conditions. Several banks have raised Brent forecasts amid persistent Gulf shipping disruptions, with analysts warning that further oil price spikes could rekindle recession fears.
Updated
The reading that day
BullishAt the close of the UTC day.
BearishNeutralBullish
It changed 2 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
- 22:04Weak bullish
- 22:50Bullish
Headlines (27)
First seen on September 13
- New report of attack on Strait of Hormuz shipping fans fears of threats to oil suppliesInvesting.com
- Bank of America, Goldman Sachs, HSBC and More Raising Brent Oil Price Forecasts Amid Persistent Gulf Shipping Disruptionsdailyhodl.com
- Saudi pipeline outage threatens loss of 4% of global oil supplyInvesting.com
- Bitcoin’s oil risk stretches into 2027 as IEA cuts supply outlook againCryptoSlate
- Further Oil Price Spikes Could Rekindle Recession FearsOilPrice.com
- Oil prices rise after Saudi Arabia shut down critical pipeline that bypasses Strait of HormuzCNBC
- Oil Prices Jump on Energy Supply WorriesThe New York Times
- Oil prices jump more than $3 after new strikes on Saudi, Strait of HormuzInvesting.com
- StanChart Warns Oil Is Now Built for Sharper, More Frequent SpikesOilPrice.com
Carried over from earlier days
- Asian Stocks decline as surging oil prices stoke inflation fears and lift Fed hike betsFXStreet
- Oil Prices Surge to Four-Month Highs as War Risks MountOilPrice.com
- Australian fuel prices set to rise by 30c as global markets react to ‘deadly cocktail’The Guardian
- Brent: Supply risks and Saudi cuts support prices – INGFXStreet
- The Commodities Feed: Oil surges as market reprices Middle East escalationHellenic Shipping News
- U.S. oil price dips below $100 while diesel passes $6, marking fresh recordMarketWatch
- Brent Nears $110 Then Tumbles On IEA Demand Destruction Warning As Houthis Threaten Saudi Oil Escape Route, Diesel Shock Goes GlobalZeroHedge
- Hormuz Shipping Traffic Plunges as Middle East War EscalatesOilPrice.com
- Saudi oil supply hits more than three-decade low after Houthi attacks, IEA saysboereport.com
- Why Pakistan is talking to Iran as the Houthi-Saudi fight escalatesAl Jazeera
- Piper Sandler Sounds Alarm: Shrinking Oil Buffers To Collide With Winter DemandZeroHedge
- IEA cuts 2026 oil supply outlook as Gulf recovery slips to 2027worldoil.com
- Don’t Blame Ukraine for High Gas Pricesforeignpolicy.com
- Oil posts biggest weekly gain since July as Saudi supply risks mountworldoil.com
- Oil has surged 13% this week: why the rally may struggle above $110Hellenic Shipping News
- IEA Sees Wider Supply Deficit as Mideast Quagmire Drags Onenergyintel.com
- Saudi Arabia closes East-West pipeline as Houthis tighten grip on Red Seafrance24.com
- Oil Industry Braces for Years-Long Iran WarOilPrice.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, September 13 | ||
| New Loans | CNY | |
| M2 Money Supply y/y | CNY | |
| Monday, September 14 | ||
| Foreign Direct Investment ytd/y | CNY | |
| M2 Money Supply y/y | 7.6% | CNY |
| New Loans | 480B | CNY |
| CPI m/m | -0.1% | CAD |
| Manufacturing Sales m/m | -0.2% | CAD |
| Core CPI m/m | 0.2% | CAD |