Brent bias turned bullish on October 10, 2026
Brent is holding above $100 as tensions around Iran and attacks on shipping in the Persian Gulf and Strait of Hormuz, including a supertanker hitting a mine and a second ship struck in three days, have pushed tanker traffic to a two-month low. War and hurricane risks are keeping crude prices elevated, while a pause in attacks on Iran and a restart of fuel exports from China have at times pulled oil prices lower.
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
- 21:02Bullish
Headlines (16)
First seen on October 10
Carried over from earlier days
- 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 Jumps 2% as Iran Steps Up Attacks on Hormuz TankersInvesting.com
- Why Brent Oil Just Snapped Back Above $105BeInCrypto
- Futures Slide As Oil Jumps On Iran Strike Report, Bond Rout Resumes Ahead Of 30Y AuctionZeroHedge
- Oil Jumps 4% on Hurricane and Tanker Squeeze. Why Didn’t Gold Follow?GoldSilver
- 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
- Iran and Houthis Try to Regain Upper Hand in Hormuz With Spate of New AttacksThe Wall Street Journal
- Brent Holds Above $100 as Hormuz Tanker Traffic Hits 2-Month LowInvesting.com
- Oil prices fall as Trump pauses Iran attacks, China restarts fuel exports – business liveThe Guardian
- Oil: Iran tensions keep crude prices elevated - RabobankFXStreet
- Second Ship Struck Inside Persian Gulf in Three Daysgcaptain.com
- Unwanted, Not UnwarrantedZeroHedge
- Oil Advances Amid War and Hurricane Risksrigzone.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, October 11 | ||
| Fed Monetary Policy Report | USD | |
| Monday, October 12 | ||
| FOMC Member Hammack Speaks | USD | |
| Bank Holiday | USD | |
| Bank Holiday | CAD | |
| Tuesday, October 13 | ||
| New Home Prices m/m | CNY | |
| FOMC Member Waller Speaks | USD | |
| NFIB Small Business Index | 98.0 | USD |
| ADP Weekly Employment Change | USD | |