Brent bias flipped 45 times to neutral on September 17, 2026
Brent has been trading above $100 per barrel, recently easing to below $103, as attention focuses on Saudi export routes and risks around the Strait of Hormuz amid conflict involving Iran. A Saudi pipeline outage has heightened concerns about a global fuel crunch and energy security, with U.S. fuel prices reaching new records and Asia facing supply pressures that could affect demand. Reports that Saudi Arabia is moving to restore the pipeline and is tracking alternative routes such as Yanbu to Sohar have coincided with the recent drop in prices.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 45 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
- 00:40Bearish
- 00:55Neutral
- 01:25Weak bullish
- 01:40Bullish
- 01:55Bearish
- 02:25Bullish
- 03:05Bearish
- 03:25Weak bearish
- 05:40Bearish
- 05:55Bullish
- 06:40Neutral
- 07:35Bearish
- 07:50Bullish
- 08:05Neutral
- 08:20Bullish
- 09:05Bearish
- 09:20Bullish
- 09:35Neutral
- 09:51Weak bullish
- 10:06Bullish
- 10:51Neutral
- 11:06Weak bullish
- 11:21Neutral
- 11:36Weak bullish
- 11:51Weak bearish
- 12:06Bearish
- 12:51Weak bullish
- 13:06Bearish
- 13:51Neutral
- 14:06Weak bullish
- 14:21Neutral
- 15:06Weak bearish
- 15:21Weak bullish
- 17:31Bullish
- 18:21Weak bullish
- 19:06Bullish
- 19:21Neutral
- 19:36Bullish
- 20:06Neutral
- 20:21Bullish
- 20:51Neutral
- 21:06Bullish
- 22:01Neutral
- 22:16Weak bullish
- 23:06Neutral
Headlines (13)
First seen on September 17
- StanChart Sees Higher Oil Floor as Hormuz Crisis Spreads to Saudi Export RoutesOilPrice.com
- Asia faces dual hit of $100/b oil, supply crunch that threaten demand, energy securityHellenic Shipping News
- From Yanbu to Sohar: Tracking Saudi Arabia’s alternative oil routesAl Jazeera
- Price of Brent oil down below $103 per barrel on London’s ICE first since September 10TASS
- Oil Extends Drop as Saudi Arabia Moves to Restore Vital Pipelinegcaptain.com
- Saudi Pipeline Outage Could Deepen the Global Fuel CrunchOilPrice.com
Carried over from earlier days
- China’s Yuan Crude Oil Futures Jump to Record HighOilPrice.com
- The news in the oil market keeps getting worse as WTI hits $106InvestingLive
- Brent crude surges past $109 a barrel in ICE trading rallyTASS
- Korea stalls on refinery upgrades as Hormuz bypass shuts and oil surgesHellenic Shipping News
- The Iran war is creating a new global energy risk beyond the Strait of Hormuz - analysisjpost.com
- Oil Falls as Saudi Supply Outlook Improvesrigzone.com
- Oil Above $100 Pushes U.S. Fuel Prices to New RecordsOilPrice.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, September 17 | ||
| Foreign Direct Investment ytd/y | CNY | |
| RMPI m/m | 0.7% | CAD |
| Foreign Securities Purchases | 28.64B | CAD |
| IPPI m/m | 0.0% | CAD |
| Friday, September 18 | ||
| Foreign Direct Investment ytd/y | CNY | |
| Monday, September 21 | ||
| 5-y Loan Prime Rate | CNY | |
| 1-y Loan Prime Rate | CNY | |
| BOC Gov Macklem Speaks | CAD | |