WTI bias flipped 35 times to bullish on August 20, 2026
WTI crude is holding near $84.50 as supply risks from US-Iran peace uncertainty support prices, while rising U.S. crude inventories and a recovering dollar weigh on the market. Record tanker rates and expectations of an extended oil and LNG squeeze point to persistent logistical disruptions that add to price volatility.
Updated
The reading that day
BullishAt the close of the UTC day.
BearishNeutralBullish
It changed 35 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
- 02:03Neutral
- 02:37Bearish
- 02:55Neutral
- 03:45Weak bearish
- 04:02Bullish
- 04:18Weak bullish
- 04:34Neutral
- 04:51Weak bearish
- 05:07Weak bullish
- 05:44Bullish
- 06:00Weak bearish
- 06:17Neutral
- 06:49Bullish
- 07:07Neutral
- 07:23Weak bullish
- 08:32Bullish
- 09:01Neutral
- 10:05Weak bullish
- 10:39Neutral
- 12:54Bullish
- 13:21Weak bullish
- 13:37Neutral
- 16:15Bullish
- 16:30Weak bullish
- 16:55Neutral
- 17:13Weak bullish
- 17:31Bullish
- 18:15Neutral
- 18:31Bullish
- 18:47Neutral
- 21:08Bullish
- 21:24Neutral
- 22:33Weak bullish
- 23:38Bearish
- 23:54Bullish
Headlines (18)
First seen on August 20
- U.S. Crude Oil Stockpiles Post Weekly IncreaseThe Wall Street Journal
- UAE Freezes Trade With Iran After Missiles Fall Near Its CoastOilPrice.com
- Hope Fades, Traders Brace for Extended Oil, LNG SqueezeOilPrice.com
- Oil: Rally extends on sanctions risk – INGFXStreet
- investingLive European markets wrap: Dollar, yields recover some poise; Walmart shares slide after earningsInvestingLive
- Brent Breaks $94, Global Yields Push Higher — but Dollar Refuses to FollowActionForex
- Tanker Rates Hit Record Highs Amid Multiple Disruptionsenergyintel.com
Carried over from earlier days
- Diesel Buyers Compete for Shrinking Supply PoolThe Wall Street Journal
- Strait of Hormuz to remain closed until US fulfills memorandum terms — parliament speakerTASS
- Governments’ borrowing costs hit further multi-decade highs as US-Iran peace hopes fadeThe Guardian
- Oil Supertanker Earnings on Mideast Route Near $510,000 a Daygcaptain.com
- Borrowing costs hit fresh highs on inflation fearsbbc.co.uk
- Iran prepares to keep economy alive as US threatens further sanctionsAl Jazeera
- U.S. Diesel Reserves Sit Near 23-Year LowsOilPrice.com
- Update: Oil extends gains to fourth day as Hormuz fighting drags onInvestingLive
- South Africa to Australia: Why coal profits are surging during Iran warAl Jazeera
- WTI holds ground around $84.50 as supply risks increase due to US-Iran peace uncertaintyFXStreet
- EIA Shows Crude Oil Inventories Still RisingOilPrice.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, August 20 | ||
| 1-y Loan Prime Rate | 3.00% | CNY |
| 5-y Loan Prime Rate | 3.50% | CNY |
| RMPI m/m | -1.8% | CAD |
| IPPI m/m | -0.4% | CAD |
| NHPI m/m | 0.0% | CAD |
| Friday, August 21 | ||
| Foreign Direct Investment ytd/y | CNY | |
| Core Retail Sales m/m | 0.2% | CAD |
| Retail Sales m/m | 0.4% | CAD |