Brent bias flipped 2 times to weak bearish on September 27, 2026
Brent is responding to mixed signals around U.S.-Iran talks after a seven-day truce proposal was rejected, with Iranian officials saying they do not trust talks with Washington. Prices fell on truce hopes but then jumped higher at the week's open on Globex as Strait of Hormuz tensions lingered. The Hormuz standoff matters for oil because it is being linked to oil holding gains and to inflation risk.
Updated
The reading that day
Weak bearishAt 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
- 23:03Bullish
- 23:33Weak bearish
Headlines (23)
First seen on September 27
- Strait of Hormuz tensions linger as Iran and US move further from a dealAl Jazeera
- Iran holds line on diplomacy as Hormuz missile strike raises risk before openInvestingLive
- Iran 'Fully Prepared' To Resume War, We Don't Trust Trump: Iran FMZeroHedge
- Oil falls on U.S.-Iran truce hopes, Brent set for weekly gain while WTI declinesHellenic Shipping News
- Oil prices have jumped higher at the opening on Globex for the new weekInvestingLive
- Trump expects Iran talks next week after rejecting seven-day truce proposalfrance24.com
- Gold slips as oil holds gains on Hormuz standoff and inflation riskInvestingLive
Carried over from earlier days
- Brent Set for Weekly Gain as Houthi Attacks Rattle Saudi Oil SupplyOilPrice.com
- Market Quick Take - Brent near $106 as the thirty-year tops 5.4% - 25 September 2026home.saxo
- Stock Market Today: Bond Selloff Abates as Oil Price SlipsThe Wall Street Journal
- UK stocks fall as lack of progress in US-Iran talks lifts oil pricesjpost.com
- Brent: conflict-driven gains face deal hopes – Deutsche BankFXStreet
- BofA lifts second-half Brent oil forecast amid ongoing geopolitical tensionsHellenic Shipping News
- WTI Whipsaws as Hormuz Hopes Collide With Diesel CrunchOilPrice.com
- Oil Shipping Crunch Deepens as Hormuz Tanker Traffic Falls to Single DigitsInvesting.com
- Oil Risk Premium Could Unwind Fast if Hormuz Traffic RecoversInvesting.com
- U.S. Stocks Rise To End Volatile WeekThe Wall Street Journal
- Oil prices slide about 2% as US, Iran explore path out of warboereport.com
- Yields Subside, Stocks Breathe EasierThe Wall Street Journal
- A volatile week for crude ends with lower pricesogj.com
- Geopolitics, inflation and central banks set the direction for marketsmarketpulse.com
- Trump Rejects Iran Ceasefire, Expects Bombing After Midterms: Will Oil and Bitcoin Hold?BeInCrypto
- Pezeshkian says Iran ‘no longer trusts talks with Washington’Al Jazeera
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, September 28 | ||
| FOMC Member Bowman Speaks | USD | |
| FOMC Member Cook Speaks | USD | |
| FOMC Member Barkin Speaks | USD | |
| Tuesday, September 29 | ||
| GDP m/m | 0.1% | CAD |
| HPI m/m | 0.1% | USD |
| S&P/CS Composite-20 HPI y/y | 2.2% | USD |
| JOLTS Job Openings | 7.23M | USD |
| CB Consumer Confidence | 90.1 | USD |