WTI bias flipped 46 times to neutral on September 2, 2026
Escalating U.S.-Iran strikes have sharply reduced shipping through the Strait of Hormuz, with tanker attacks and diving Saudi exports heightening supply disruption fears. These concerns have pushed oil prices above $90 per barrel, as headlines report the market's reaction to the immediate risks. Diplomatic efforts, such as Qatar's mediation attempt, are underway, but they have not yet alleviated the market's focus on the strait's vulnerability.
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
- 00:00Neutral
- 00:32Weak bullish
- 00:48Bearish
- 01:03Bullish
- 01:18Weak bullish
- 01:33Neutral
- 01:48Bullish
- 02:18Bearish
- 02:43Bullish
- 02:58Neutral
- 03:59Bullish
- 04:49Weak bearish
- 05:04Bullish
- 05:34Bearish
- 06:19Bullish
- 06:34Neutral
- 07:04Bullish
- 07:19Bearish
- 07:34Neutral
- 08:19Bullish
- 09:04Neutral
- 09:20Bullish
- 09:35Neutral
- 10:05Bullish
- 10:50Neutral
- 11:20Bullish
- 11:35Neutral
- 12:26Bullish
- 12:56Neutral
- 13:11Bullish
- 13:36Neutral
- 13:51Bullish
- 14:06Bearish
- 14:21Bullish
- 15:06Weak bullish
- 15:52Neutral
- 16:07Bullish
- 16:52Weak bullish
- 17:07Neutral
- 17:37Bullish
- 18:53Weak bullish
- 19:33Neutral
- 20:33Bullish
- 20:48Weak bullish
- 21:03Neutral
- 23:04Weak bullish
- 23:19Neutral
Headlines (15)
First seen on September 2
- WTI advances to mid-$90.00s, fresh high since July 24 amid escalating US-Iran tensionsFXStreet
- Markets slide as inflation fears trigger global bond sell-off – business liveThe Guardian
- Hormuz Shipping Slumps as U.S.-Iran Strikes Rattle Oil MarketsOilPrice.com
- IRGC claims that another two oil tankers have been disabled after hitting mines in the Strait of HormuzInvestingLive
- Hormuz Traffic Craters to Four Ships as Iran-U.S. Strikes EscalateOilPrice.com
- Saudi Oil Exports Dive as Tankers at Risk From Hormuz to Red Seagcaptain.com
- U.S. Diesel Prices Close In on April War PeakOilPrice.com
- Oil Holds Above $90 as Fighting Flaresrigzone.com
Carried over from earlier days
- 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
- 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 goes vertical on fresh explosions in southern IranFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, September 2 | ||
| BOC Rate Statement | CAD | |
| Overnight Rate | 2.25% | CAD |
| Crude Oil Inventories | -0.4M | USD |
| BOC Press Conference | CAD | |
| Thursday, September 3 | ||
| RatingDog Services PMI | 50.6 | CNY |
| Labor Productivity q/q | 0.7% | CAD |
| Trade Balance | 3.2B | CAD |
| Friday, September 4 | ||
| Employment Change | 15.1K | CAD |