WTI bias flipped 15 times to bullish on September 7, 2026
WTI crude is being driven higher by escalating geopolitical tensions in the Middle East, including US-Iran missile strikes and reported hits on Saudi oil facilities, which are heightening supply risks around the Strait of Hormuz. Additionally, a rebound in Chinese crude buying is supporting prices, while market attention remains on potential supply disruptions and the broader impact on refined products.
Updated
The reading that day
BullishAt the close of the UTC day.
BearishNeutralBullish
It changed 15 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
- 00:58Neutral
- 01:16Bullish
- 05:16Neutral
- 05:56Bullish
- 06:11Weak bearish
- 06:26Neutral
- 06:41Bullish
- 06:56Neutral
- 07:11Bullish
- 07:26Bearish
- 07:41Bullish
- 17:56Neutral
- 18:16Weak bearish
- 19:31Neutral
- 22:37Bullish
Headlines (18)
First seen on September 7
- WTI rises to near $90.00 on escalating US-Iran conflictFXStreet
- Middle East Live: Israel army orders evacuation of zone in south Lebanon ahead of strikesfrance24.com
- Oil Rises as Escalating U.S.-Iran Conflict Stokes Supply Disruption FearsThe Wall Street Journal
- WTI Price Forecast: Bulls retain control above $90.50, near July high amid Iran tensionsFXStreet
- Oil prices climb as US-Iran missile strikes keep Hormuz risks elevatedInvestingLive
- Saudi Oil facilities hit in fresh strikes, WTI surges above $90FXStreet
- The world has enough Crude Oil and not enough dieselFXStreet
- Oil nears $98 as Chinese crude buying rebounds, Middle East risks intensifyworldoil.com
- Oil prices surge as US-Iran strikes intensify in Strait of HormuzAl Jazeera
- Oil prices climb, Dow futures sink on reports of Saudi Aramco refinery being hitMarketWatch
Carried over from earlier days
- U.S. strikes three Iranian oil tankers in renewal of hostilitiesnpr.org
- Iran War Forces a Rewrite of Global Oil Trade RoutesOilPrice.com
- Iran war live: IRGC claims new attacks on US warships over naval blockadeAl Jazeera
- 'Joining Iran's navy on seafloor': CENTCOM sinks Iranian oil tanker in Gulf of Omanjpost.com
- US, Iran engaged in tanker war: Where is the months-long conflict headed?Al Jazeera
- Iran touts military response as US maintains blockade, hits tankersAl Jazeera
- Iran warns of 'faster, heavier, more painful response' to US attacksbbc.co.uk
- Hormuz traffic sinks to lowest since May, despite US Navy's escort claimsInvestingLive
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, September 7 | ||
| Bank Holiday | CAD | |
| Tuesday, September 8 | ||
| Trade Balance | 805B | CNY |
| USD-Denominated Trade Balance | 118.6B | CNY |
| Annual Budget Release | CAD | |
| Wednesday, September 9 | ||
| CPI y/y | 0.8% | CNY |
| PPI y/y | 3.6% | CNY |
| Trade Balance | CNY | |
| USD-Denominated Trade Balance | CNY | |