WTI bias held neutral on September 12, 2026
WTI crude rallied to four-month highs as Middle East war escalation, attacks on Saudi energy infrastructure, and a plunge in Hormuz shipping traffic raised supply concerns. The IEA's reduced 2026 supply outlook and a delayed Gulf recovery to 2027 further tightened the supply picture. Oil prices have been volatile, with a pullback on talk of a Hormuz arrangement and a decline despite fresh attacks, while surging prices stoke inflation fears and lift Fed hike bets.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It held all 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
Headlines (14)
Carried over from earlier days
- Surging oil prices and sinking bonds have decided the Fed need to hikeInvestingLive
- Oil prices are surging again but oil company stocks are down, what gives?InvestingLive
- U.S. Crude Inventories Fall As Brent Prices SoarOilPrice.com
- Brent crude price on ICE tops $107 per barrel for first time since May 21 — trading dataTASS
- Oil jumps to $105, pushing up chances of a US interest rate increaseAl Jazeera
- Asian Stocks decline as surging oil prices stoke inflation fears and lift Fed hike betsFXStreet
- Oil Prices Surge to Four-Month Highs as War Risks MountOilPrice.com
- Australian fuel prices set to rise by 30c as global markets react to ‘deadly cocktail’The Guardian
- WTI Breaks $100 as Middle East Supply Crisis DeepensOilPrice.com
- Hormuz Shipping Traffic Plunges as Middle East War EscalatesOilPrice.com
- IEA cuts 2026 oil supply outlook as Gulf recovery slips to 2027worldoil.com
- Oil falls despite fresh attacks on Saudi energy infrastructureInvestingLive
- Crude Oil buckles early and grinds back on talk of a Hormuz arrangementFXStreet
- Oil has surged 13% this week: why the rally may struggle above $110Hellenic Shipping News
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, September 13 | ||
| M2 Money Supply y/y | CNY | |
| New Loans | CNY | |
| Monday, September 14 | ||
| CPI m/m | -0.1% | CAD |
| Trimmed CPI y/y | 1.9% | CAD |
| Common CPI y/y | 2.7% | CAD |
| Median CPI y/y | 2.0% | CAD |
| Manufacturing Sales m/m | -0.2% | CAD |
| Core CPI m/m | 0.2% | CAD |