WTI bias flipped 78 times to neutral on July 27, 2026
Oil prices dropped sharply after reports of a pause in fighting between the U.S. and Iran-led militias, marking the largest one-day decline in two months. The de-escalation eased immediate supply disruption fears, though ongoing tensions—including Saudi Arabia blaming Iran-backed groups for an attack on its facilities—continue to frame the market.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 78 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
- 00:00Bullish
- 01:30Bearish
- 02:02Neutral
- 02:22Weak bearish
- 02:46Bullish
- 03:50Weak bullish
- 04:02Neutral
- 05:58Bearish
- 06:26Neutral
- 06:34Bearish
- 06:47Neutral
- 07:07Weak bullish
- 07:19Bullish
- 07:43Neutral
- 08:15Bearish
- 08:19Weak bullish
- 08:23Neutral
- 08:27Bearish
- 08:47Neutral
- 08:51Bearish
- 08:59Bullish
- 09:07Neutral
- 09:43Bullish
- 09:47Neutral
- 09:55Bearish
- 10:07Bullish
- 10:15Bearish
- 10:27Neutral
- 10:39Weak bearish
- 10:47Weak bullish
- 10:55Neutral
- 11:11Bullish
- 11:15Bearish
- 11:23Weak bearish
- 11:31Bearish
- 11:47Neutral
- 11:51Bearish
- 11:55Neutral
- 12:19Bullish
- 12:35Weak bullish
- 12:47Bullish
- 12:55Neutral
- 13:27Bullish
- 13:43Bearish
- 13:51Neutral
- 14:03Bearish
- 14:27Neutral
- 14:39Bearish
- 15:03Neutral
- 15:07Bullish
- 15:23Bearish
- 15:31Neutral
- 15:55Bullish
- 16:39Bearish
- 16:48Neutral
- 17:04Bearish
- 17:12Neutral
- 17:20Weak bullish
- 17:48Bullish
- 18:00Bearish
- 18:28Bullish
- 19:00Neutral
- 19:04Bullish
- 19:35Neutral
- 20:03Bearish
- 20:27Neutral
- 20:52Bearish
- 21:00Neutral
- 21:04Bearish
- 21:12Neutral
- 21:16Weak bearish
- 21:40Weak bullish
- 22:04Bullish
- 22:12Neutral
- 22:24Bullish
- 23:04Weak bullish
- 23:16Bearish
- 23:20Bullish
- 23:32Neutral
Headlines (15)
First seen on July 27
- JGB Futures Rise Amid Falling Crude Oil PricesThe Wall Street Journal
- Oil prices top of mind at the Calgary Stampede rodeocbsnews.com
- Stock Market Today: Pause in Mideast Fighting Sends Oil Lower, Stock Futures HigherThe Wall Street Journal
- Oil prices see largest one-day declines in two months amid pause in strik...MarketWatch
- Energy shock: why oil and gas prices have risen less than expectedEuropean Central Bank
- Oil price dives as US and Iran pause attacksbbc.co.uk
- Potential for first Australian oil refinery in 60 years as treasurer braces for inflation from Middle East warThe Guardian
- We're buying more of a slumping industrial stock and a hard-hit chipmakerCNBC
- Saudi Arabia Blames Iran-Backed Militias for Attack on Oil FacilitiesThe Wall Street Journal
Carried over from earlier days
- Blackstone, Brookfield and KKR sign $16 billion deal with Kuwait for oil pipeline networkCNBC
- New North Sea oil drilling faces delay after gear accidentally dropped in seaThe Guardian
- Saudi Arabia’s Vast Oil Supplies Now Increasingly Depend on a Single ExitThe Wall Street Journal
- Yemen’s Houthis target Saudi oil facilities along the Red SeaAl Jazeera
- Oil prices sink, stock futures rally as U.S. and Iran pause attacks, Wall...MarketWatch
- Oil prices fall as Iran and US pause strikes over Strait of Hormuz tensionsFinancial Times
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, July 29 | ||
| Crude Oil Inventories | -1.7M | USD |
| BOC Summary of Deliberations | CAD | |
| Friday, July 31 | ||
| Manufacturing PMI | 50.1 | CNY |
| Non-Manufacturing PMI | 50.0 | CNY |
| GDP m/m | 0.2% | CAD |
| Monday, August 3 | ||
| RatingDog Manufacturing PMI | CNY | |
| Bank Holiday | CAD | |
| Tuesday, August 4 | ||
| Trade Balance | CAD | |