WTI bias flipped 35 times to neutral on September 4, 2026
WTI crude is climbing on escalating US-Iran hostilities and fears of supply disruptions, with prices back above $90 and rising for a fourth straight session. The market is reacting to risks of an all-out war in the Middle East and restricted oil shipments through the Strait of Hormuz, which are tightening supply expectations. This geopolitical premium is also reflected in broader fuel price surges, as seen in diesel near record highs.
Updated
The reading that day
NeutralAt 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
- 00:00Weak bearish
- 00:15Neutral
- 00:30Weak bullish
- 01:30Neutral
- 02:40Weak bullish
- 03:00Bullish
- 05:33Weak bullish
- 06:38Bullish
- 06:53Neutral
- 07:08Bullish
- 07:23Bearish
- 07:38Bullish
- 07:53Bearish
- 08:08Neutral
- 09:08Bullish
- 10:28Neutral
- 10:43Weak bullish
- 10:58Neutral
- 11:13Bullish
- 11:28Neutral
- 12:18Bearish
- 12:33Bullish
- 12:48Bearish
- 13:03Bullish
- 13:33Neutral
- 13:48Bullish
- 14:24Bearish
- 14:54Bullish
- 16:09Bearish
- 16:24Bullish
- 17:27Neutral
- 17:59Weak bearish
- 18:14Bullish
- 18:49Neutral
- 20:54Bullish
- 21:39Neutral
Headlines (13)
First seen on September 4
- ‘Astronomical’ fuel price surge hits farmers in UK and USThe Guardian
- New fears of oil supply disruption as US-Iran hostilities resumefrance24.com
- US diesel prices hit an all-time-highbbc.co.uk
- The Iran War Has Put Venezuela’s Oil Back in the SpotlightOilPrice.com
- WTI Back Above $91 as War Premium ReturnsOilPrice.com
Carried over from earlier days
- Hormuz Shipping Slumps as U.S.-Iran Strikes Rattle Oil MarketsOilPrice.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
- WTI remains broadly firm around $90 as oil shipments through Hormuz remain restrictedFXStreet
- WTI Oil hits highs near $91 as risks of an all-out war in the Middle East growFXStreet
- Oil Jumps for Fourth Straight Day and Diesel Nears Record HighThe New York Times
- Oil prices rise on escalation in Middle Eastoilandgas360.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, September 4 | ||
| Unemployment Rate | 6.4% | CAD |
| Employment Change | 15.1K | CAD |
| Ivey PMI | 56.2 | CAD |
| Monday, September 7 | ||
| Bank Holiday | CAD | |
| Tuesday, September 8 | ||
| USD-Denominated Trade Balance | 120.1B | CNY |
| Trade Balance | 795B | CNY |
| Annual Budget Release | CAD | |
| Wednesday, September 9 | ||
| PPI y/y | 3.6% | CNY |