Brent bias flipped 32 times to neutral on October 8, 2026
Brent crude has climbed back above $104 per barrel on ICE for the first time since September 29, with headlines also noting moves above $100 and $105. The headlines link the advance to stepped-up attacks on Hormuz tankers and Houthi strikes on Saudi infrastructure, alongside Hurricane Isaias shutting in U.S. Gulf production. Coverage also points to depleted global stocks as a factor setting a higher floor under prices.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 32 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
- 00:39Bullish
- 01:09Weak bearish
- 01:34Bullish
- 07:41Bearish
- 08:06Bullish
- 11:41Bearish
- 11:56Bullish
- 12:11Bearish
- 12:26Bullish
- 12:41Bearish
- 12:56Neutral
- 13:11Bullish
- 15:12Bearish
- 15:27Bullish
- 15:47Neutral
- 16:02Bullish
- 16:32Bearish
- 16:47Neutral
- 17:32Bullish
- 17:47Bearish
- 18:07Bullish
- 18:22Bearish
- 18:37Neutral
- 18:52Bullish
- 19:07Neutral
- 19:22Bullish
- 20:27Bearish
- 20:42Neutral
- 20:57Bearish
- 21:12Neutral
- 21:47Bullish
- 22:47Neutral
Headlines (17)
First seen on October 8
- Oil Jumps 2% as Iran Steps Up Attacks on Hormuz TankersOilPrice.com
- Brent crude tops $104 per barrel on ICE for first time since September 29TASS
- Oil Prices Rise More Than 2% Amid Houthi Attacks, U.S. Gulf Shut-InsThe Wall Street Journal
- Oil Prices Rise More Than 2% Amid Houthi Attacks, U.S. Gulf Shut-InsThe Wall Street Journal
- Why Brent Oil Just Snapped Back Above $105BeInCrypto
- Futures Slide As Oil Jumps On Iran Strike Report, Bond Rout Resumes Ahead Of 30Y AuctionZeroHedge
- Crude Oil grinds higher on record tanker attacks and Houthi missilesFXStreet
- Oil jumps 5% as Hormuz tanker attacks escalate, US Gulf hurricane shuts in productionogj.com
- Oil settles circa 4% higher as two supply threats collide: Iran strike fears and Hurricane IsaiasInvestingLive
Carried over from earlier days
- Markets ablaze as Middle East conflict continuesHellenic Shipping News
- 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
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, October 8 | ||
| FOMC Member Waller Speaks | USD | |
| Unemployment Claims | 200K | USD |
| Final Wholesale Inventories m/m | 0.7% | USD |
| Natural Gas Storage | 79B | USD |
| 30-y Bond Auction | USD | |
| FOMC Member Musalem Speaks | USD | |
| Friday, October 9 | ||
| PPI y/y | CNY | |
| CPI y/y | CNY | |