WTI bias turned bullish on September 13, 2026
WTI crude prices jumped more than $3 after new strikes on Saudi Arabia and the Strait of Hormuz, with Saudi Arabia closing the East-West pipeline as Houthi activity tightens control over the Red Sea. This disruption to critical supply routes has led banks like Bank of America and Goldman Sachs to raise oil price forecasts and prompted warnings that further price spikes could reignite recession fears.
Updated
The reading that day
BullishAt the close of the UTC day.
BearishNeutralBullish
It changed once 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
- 22:04Bullish
Headlines (25)
First seen on September 13
- New report of attack on Strait of Hormuz shipping fans fears of threats to oil suppliesInvesting.com
- Bank of America, Goldman Sachs, HSBC and More Raising Brent Oil Price Forecasts Amid Persistent Gulf Shipping Disruptionsdailyhodl.com
- Saudi pipeline outage threatens loss of 4% of global oil supplyInvesting.com
- Bitcoin’s oil risk stretches into 2027 as IEA cuts supply outlook againCryptoSlate
- Further Oil Price Spikes Could Rekindle Recession FearsOilPrice.com
- Oil prices rise after Saudi Arabia shut down critical pipeline that bypasses Strait of HormuzCNBC
- Oil Prices Jump on Energy Supply WorriesThe New York Times
- Oil prices jump more than $3 after new strikes on Saudi, Strait of HormuzInvesting.com
- StanChart Warns Oil Is Now Built for Sharper, More Frequent SpikesOilPrice.com
Carried over from earlier days
- 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
- WTI slumps below $99.00 on profit-taking, US-Iran tensions in focusFXStreet
- Australian fuel prices set to rise by 30c as global markets react to ‘deadly cocktail’The Guardian
- U.S. oil price dips below $100 while diesel passes $6, marking fresh recordMarketWatch
- Hormuz Shipping Traffic Plunges as Middle East War EscalatesOilPrice.com
- Piper Sandler Sounds Alarm: Shrinking Oil Buffers To Collide With Winter DemandZeroHedge
- IEA cuts 2026 oil supply outlook as Gulf recovery slips to 2027worldoil.com
- Oil falls despite fresh attacks on Saudi energy infrastructureInvestingLive
- Don’t Blame Ukraine for High Gas Pricesforeignpolicy.com
- The Houthis have created a new front in the Middle East war that’s pushing up oil pricesMarketWatch
- 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
- IEA Sees Wider Supply Deficit as Mideast Quagmire Drags Onenergyintel.com
- Oil's roundtrip back to $100. Why China could determine what happens nextCNBC
- Saudi Arabia closes East-West pipeline as Houthis tighten grip on Red Seafrance24.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, September 13 | ||
| M2 Money Supply y/y | CNY | |
| New Loans | CNY | |
| Monday, September 14 | ||
| Foreign Direct Investment ytd/y | CNY | |
| Trimmed CPI y/y | 1.9% | CAD |
| Manufacturing Sales m/m | -0.2% | CAD |
| Core CPI m/m | 0.2% | CAD |
| Common CPI y/y | 2.7% | CAD |
| Median CPI y/y | 2.0% | CAD |