WTI bias flipped 4 times to weak bullish on August 15, 2026
WTI crude is being supported by escalating US-Iran tensions, including US strikes and a threatened blockade of the Strait of Hormuz, which heighten supply risk. Oil prices are heading for a 4% weekly gain as the deadlock drags on, while a reported rise in US oil rigs to 455 offers a limited offset. The market remains focused on potential disruptions to Gulf oil flows.
Updated
The reading that day
Weak bullishAt the close of the UTC day.
BearishNeutralBullish
It changed 4 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
- 10:54Bullish
- 11:06Weak bullish
- 11:14Neutral
- 18:08Weak bullish
Headlines (14)
First seen on August 15
- UAE says Iran attacked ADNOC vessel in Hormuz, urges Iran to halt attacks, reopen waterwaysjpost.com
Carried over from earlier days
- Oil to open higher as US strikes on Iran boost supply risk premiumboereport.com
- CNBC Daily Open: Middle East tensions send oil higher while Iran-U.S. tensions escalateCNBC
- US can keep naval blockade on Iranian ports "indefinitely," Pentagon chief saysInvesting.com
- Jefferies: Diesel Cracks Reveal the Real Oil Market SqueezeOilPrice.com
- investingLive Asia-Pacific Market news: Oil edges up, small moveInvestingLive
- Oil Prices Head for 4% Weekly Gain as U.S.-Iran Deadlock Drags OnOilPrice.com
- Oil moves higher as U.S. threatens 'economic isolation' of IranCNBC
- US threatens ‘indefinite’ blockade against Iran: How long can it last?Al Jazeera
- Fallout Spreads Across the Middle East as the Iran War Grinds OnOilPrice.com
- Hormuz Attacks Push Oil Toward $100 Despite US Crude BuildOilPrice.com
- Iranian Attacks Push Hormuz Shipping Toward Tehran-Controlled Routegcaptain.com
- US oil rigs rise to 455 as Strait of Hormuz attacks halt trafficInvesting.com
- Donald Trump to declare Hormuz US territory 'soon'dw.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, August 17 | ||
| New Home Prices m/m | CNY | |
| Fixed Asset Investment ytd/y | -6.2% | CNY |
| NBS Press Conference | CNY | |
| Industrial Production y/y | 5.0% | CNY |
| Retail Sales y/y | 1.5% | CNY |
| Unemployment Rate | 5.1% | CNY |
| Common CPI y/y | 2.5% | CAD |
| CPI m/m | 0.4% | CAD |