WTI bias flipped 46 times to neutral on September 1, 2026
WTI crude is being driven higher by escalating US-Iran tensions, including US military strikes on Iran and attacks on two tankers carrying Saudi oil in the Strait of Hormuz. These events have raised concerns about supply disruptions through the strategic waterway, pushing oil prices above $90. While markets have not gone into full risk-off mode, the ongoing conflict and attempts to reopen the Strait are keeping volatility high.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 46 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
- 00:29Weak bullish
- 00:59Bullish
- 02:30Weak bullish
- 02:45Neutral
- 03:45Bullish
- 04:15Neutral
- 05:41Bullish
- 05:56Neutral
- 07:11Bullish
- 07:57Bearish
- 08:12Weak bullish
- 08:27Neutral
- 08:42Bearish
- 08:57Weak bullish
- 09:17Neutral
- 09:42Bullish
- 10:47Neutral
- 11:02Bullish
- 11:17Weak bullish
- 11:33Neutral
- 11:48Weak bullish
- 12:03Bullish
- 13:23Neutral
- 13:38Bullish
- 14:24Bearish
- 14:39Neutral
- 15:09Bearish
- 15:24Bullish
- 15:49Neutral
- 16:25Bullish
- 16:40Neutral
- 16:55Weak bearish
- 17:10Bullish
- 17:25Bearish
- 17:40Bullish
- 17:55Neutral
- 18:25Bullish
- 18:55Neutral
- 19:11Weak bearish
- 19:26Bearish
- 19:41Bullish
- 20:41Weak bullish
- 20:56Neutral
- 21:11Bullish
- 21:26Weak bullish
- 21:56Neutral
Headlines (16)
First seen on September 1
- Middle East live: Oil prices extend gains as US-Iran tensions flare againfrance24.com
- Global oil prices extend move over $90 after report of two tankers struck in HormuzMarketWatch
- Two Tankers Carrying Saudi Oil Attacked in Strait of Hormuzgcaptain.com
- Hormuz Attacks Test Shuttle Trade’s Breaking Pointenergyintel.com
- Qatar says efforts under way to end Iran-US war and reopen Strait of HormuzAl Jazeera
- Crude oil moves higher. Stocks move lower as reports of an American attack on IranInvestingLive
- Crude Oil goes vertical on fresh explosions in southern IranFXStreet
- The US military began striking targets in Iran, CENTCOM saysAl Jazeera
Carried over from earlier days
- What the Hormuz crisis has cost fossil fuel importers — March to August 2026Hellenic Shipping News
- Oil - Escalation news: Iran fires missiles from four provinces after Larak Island strikeInvestingLive
- WTI remains above $83.50 as Iran fires missiles following US strikesFXStreet
- Price of futures contracts of Brent oil up 2.9% amid Middle East escalationTASS
- Oil Price Surges Above $90 as US-Iran Conflict Returns, but Markets Resist Full Risk-Off MoveActionForex
- Crude Oil prices the mines, not the barrelsFXStreet
- Trump threatens to ‘hit Iran hard’ as strikes resume after month-long lullfrance24.com
- U.S. launches its first strike on Iran in over a month, regime retaliatescbsnews.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, September 1 | ||
| RatingDog Manufacturing PMI | 51.0 | CNY |
| Manufacturing PMI | CAD | |
| Wednesday, September 2 | ||
| Overnight Rate | 2.25% | CAD |
| BOC Rate Statement | CAD | |
| BOC Press Conference | CAD | |
| Crude Oil Inventories | -0.4M | USD |
| Thursday, September 3 | ||
| RatingDog Services PMI | 50.6 | CNY |
| Trade Balance | 3.2B | CAD |