WTI bias flipped 37 times to weak bullish on August 24, 2026
WTI crude slipped more than $2 as traders shrugged off fresh US sanctions on Iran, even as tensions around the Strait of Hormuz escalated. Iran blacklisted tankers and threatened neighbors, while fewer vessels transited the strait over the weekend, leaving supply risks that could outlast the conflict.
Updated
The reading that day
Weak bullishAt the close of the UTC day.
BearishNeutralBullish
It changed 37 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
- 00:28Bearish
- 01:41Neutral
- 03:53Bullish
- 04:29Neutral
- 04:53Weak bullish
- 05:25Weak bearish
- 07:19Bullish
- 08:11Neutral
- 08:43Weak bearish
- 09:01Neutral
- 09:17Weak bullish
- 09:33Bullish
- 09:49Bearish
- 10:07Bullish
- 10:23Weak bullish
- 10:41Bearish
- 10:57Bullish
- 11:13Weak bearish
- 11:57Bullish
- 12:13Weak bullish
- 12:29Neutral
- 12:45Weak bullish
- 13:17Bullish
- 14:14Neutral
- 15:31Bullish
- 17:03Neutral
- 17:19Weak bearish
- 17:40Neutral
- 18:33Weak bullish
- 18:49Bullish
- 19:05Weak bullish
- 19:21Bearish
- 19:37Weak bullish
- 20:41Bearish
- 20:59Bullish
- 21:15Neutral
- 23:52Weak bullish
Headlines (16)
First seen on August 24
- Iran war live: Iranian parliament advances plans for Hormuz service feesAl Jazeera
- US will strike Iran if Tehran responds to sanctions with military escalation — secretaryTASS
- Fewer than 20 vessels pass through Strait of Hormuz over weekend — ReutersTASS
- Iran's Strait of Hormuz strategy exposes the limits of destruction - opinionjpost.com
- UKMTO says tanker struck by unknown projectile off Saudi Arabia’s Yanbuboereport.com
- U.S. Treasury to broaden scope of secondary sanctions on Iran, source saysInvesting.com
- Iran Blacklists 45 Tankers as Hormuz Standoff EscalatesOilPrice.com
- Global food supply has become ‘collateral damage’ in conflicts: Secretary-GeneralUN News
- Oil slips over $2 as traders shrug off fresh US sanctions on IranInvestingLive
Carried over from earlier days
- Iran to attack other oil export routes if Gulf countries support US sanctions — officialTASS
- Iran’s new security chief says neighbours who join US economic war will be considered ‘enemies’The Guardian
- Hormuz crisis hides a deeper oil threat that could outlast the warfoxnews.com
- Can Iran retaliate against countries that join US ‘economic war’?Al Jazeera
- Oil prices post weekly surge on Hormuz impasse, Brent now up 12% over two weeksHellenic Shipping News
- Oil majors pile in on Americas projects to plug production gapHellenic Shipping News
- Oil eases on Globex after weekend Iran escalation and sanctions threatsInvestingLive
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, August 24 | ||
| Corporate Profits q/q | CAD | |
| Wednesday, August 26 | ||
| Crude Oil Inventories | USD | |
| Thursday, August 27 | ||
| Current Account | 5.6B | CAD |
| CB Leading Index m/m | CNY | |
| Friday, August 28 | ||
| GDP m/m | 0.2% | CAD |
| Monday, August 31 | ||
| Non-Manufacturing PMI | CNY | |
| Manufacturing PMI | CNY | |
| Tuesday, September 1 | ||
| RatingDog Manufacturing PMI | CNY | |