Brent bias flipped 36 times to neutral on October 7, 2026
Brent has moved back above $100 as headlines report Houthi strikes on Saudi infrastructure and tanker attacks near Hormuz amid continued Middle East conflict. Coverage also points to depleted global stocks as a factor in price levels, while noting spillover into wider markets and currency moves as oil prices surge.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 36 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
- 00:41Bearish
- 01:06Bullish
- 01:36Weak bearish
- 01:51Neutral
- 02:06Bearish
- 02:21Weak bullish
- 02:41Bearish
- 02:56Bullish
- 03:26Neutral
- 03:56Weak bullish
- 04:11Bullish
- 04:26Weak bearish
- 04:41Weak bullish
- 04:56Bullish
- 05:51Weak bearish
- 06:06Bullish
- 08:47Neutral
- 09:12Bullish
- 10:22Neutral
- 10:37Bullish
- 11:22Bearish
- 11:52Bullish
- 12:52Weak bearish
- 13:07Bullish
- 13:22Neutral
- 13:37Bullish
- 13:52Weak bearish
- 14:07Bearish
- 14:22Bullish
- 16:22Neutral
- 16:52Bullish
- 19:23Weak bearish
- 20:38Bullish
- 21:23Neutral
- 22:08Weak bullish
- 23:14Neutral
Headlines (14)
First seen on October 7
- Why $100 Oil Is Hard to KillOilPrice.com
- Middle East live: Houthis target airport in Yemen as Israel marks October 7 anniversaryfrance24.com
- Brent Back Above $100 as Houthis Hit Saudi InfrastructureOilPrice.com
- Euro falls against Canadian Dollar as surging oil prices overpower strong German dataFXStreet
- Brent Back Above $100 as Houthis Hit Saudi InfrastructureInvesting.com
- Futures Slide From Record As Oil Jumps On Hormuz Tanker Attacks, 30Y Yield Hits 2002 HighZeroHedge
- Depleted Global Stocks Set Higher Floor Under Oil PricesOilPrice.com
Carried over from earlier days
- Crude oil prices and refinery margins generally increased throughout the third quartereia.gov
- Aramco CEO warns rebuilding thin global oil inventories could take two years after HormuzInvestingLive
- Trump Says Hormuz No Longer Impacts Gas Prices. Is He Right?BeInCrypto
- Markets ablaze as Middle East conflict continuesHellenic Shipping News
- UBS raises 2026-27 Brent price view on persistent Middle East supply disruptionsboereport.com
- Brent crude lost more than 3% on ICE — market dataTASS
- Brent holds near $100 as three forces pull oil prices in opposite directionsInvestingLive
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, October 7 | ||
| FOMC Member Williams Speaks | USD | |
| Crude Oil Inventories | 1.9M | USD |
| President Trump Speaks | USD | |
| 10-y Bond Auction | USD | |
| FOMC Meeting Minutes | USD | |
| Consumer Credit m/m | 14.5B | USD |
| Thursday, October 8 | ||
| FOMC Member Waller Speaks | USD | |
| Unemployment Claims | 200K | USD |