Brent bias flipped 33 times to weak bullish on September 18, 2026
Brent traded below $103 per barrel on London's ICE for the first time since September 10 as Saudi Arabia moved to restore a vital pipeline, with focus on alternative Saudi export routes via Yanbu and Sohar. This matters for Brent because regional conflict shows no signs of de-escalation, while reports point to warnings of crude shipment disruptions for European refiners next month and a dual hit of $100 oil and supply tightness threatening demand and energy security in Asia.
Updated
The reading that day
Weak bullishAt the close of the UTC day.
BearishNeutralBullish
It changed 33 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
- 01:46Bearish
- 02:16Neutral
- 02:31Weak bullish
- 05:36Bearish
- 06:56Bullish
- 07:11Bearish
- 07:41Neutral
- 08:16Weak bullish
- 08:46Weak bearish
- 10:06Weak bullish
- 10:31Bullish
- 12:47Neutral
- 13:02Bullish
- 13:32Weak bearish
- 14:07Bullish
- 14:37Neutral
- 14:52Weak bearish
- 15:07Neutral
- 15:22Bullish
- 15:52Bearish
- 16:22Weak bullish
- 16:37Bearish
- 16:52Weak bullish
- 17:27Weak bearish
- 17:42Bullish
- 18:27Weak bullish
- 18:42Weak bearish
- 19:22Weak bullish
- 19:37Bullish
- 20:02Bearish
- 20:47Bullish
- 21:17Neutral
- 22:27Weak bullish
Headlines (11)
First seen on September 18
- Oil extends declines amid easing supply concerns, ongoing diplomatic effortsHellenic Shipping News
- Iran war: Regional conflict sees no signs of de-escalationHellenic Shipping News
- Winter Is Coming: Saudis Warn European Refiners Of Crude Shipment Disruptions Next MonthZeroHedge
Carried over from earlier days
- The Iran war is creating a new global energy risk beyond the Strait of Hormuz - analysisjpost.com
- Oil Above $100 Pushes U.S. Fuel Prices to New RecordsOilPrice.com
- 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
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, September 18 | ||
| Foreign Direct Investment ytd/y | CNY | |
| Monday, September 21 | ||
| 5-y Loan Prime Rate | 3.50% | CNY |
| 1-y Loan Prime Rate | 3.00% | CNY |
| BOC Gov Macklem Speaks | CAD | |
| Foreign Direct Investment ytd/y | CNY | |
| Tuesday, September 22 | ||
| NHPI m/m | CAD | |
| Wednesday, September 23 | ||
| Crude Oil Inventories | USD | |
| Thursday, September 24 | ||
| Core Retail Sales m/m | -0.5% | CAD |