Brent bias flipped 8 times to bearish on October 11, 2026
Brent is being shaped by escalating attacks around the Strait of Hormuz, including a supertanker hitting a mine, warnings over vessel transits, and reports of a spreading tanker conflict that have stoked supply fears. The market is weighing those disruption risks against reports that Gulf oil exports remain around 22-23 mb/d and that Saudi Aramco has restored full crude supply to Europe for November.
Updated
The reading that day
BearishAt the close of the UTC day.
BearishNeutralBullish
It changed 8 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
- 00:00Bullish
- 01:23Neutral
- 09:19Bullish
- 09:34Neutral
- 13:24Weak bullish
- 14:44Neutral
- 22:25Bullish
- 23:00Weak bearish
- 23:20Bearish
Headlines (19)
First seen on October 11
- Middle East conflicts, energy supplies, to dominate IMF-World Bank meetings in Thailandjpost.com
- Tanker war spreads across Gulfsplash247.com
- Saudi Aramco reportedly restores full crude oil supply to Europe for Novembercontent-media.investing.com
- More Tankers Hit in Hormuz as U.S. Strikes Cargo Shipgcaptain.com
- Hormuz attacks intensify as efforts to end war on Iran stallAl Jazeera
- Oil Prices Keep Rising Despite Plenty of Supply. JPMorgan Explains WhyBeInCrypto
- Iran warns ships against transiting Strait of Hormuz with their navigation systems offTASS
- Goldman: Gulf oil exports back at 22-23 mb/d, but Dated Brent stays very highInvestingLive
- Oil Rises After MidEast Attacks Spread And Escalate, Stoking Supply FearsZeroHedge
Carried over from earlier days
- 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
- Crude Oil is Underpriced, Energy Aspects SaysOilPrice.com
- Trump Puts Iran Strikes on Hold as Hurricane Threatens Oil SupplyOilPrice.com
- Oil Advances Amid War and Hurricane Risksrigzone.com
- Oil supertanker hits mine in Strait of Hormuz — IRGCTASS
- Tanker Rates Soar to Record as Oil Crisis Becomes Shipping CrisisOilPrice.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, October 11 | ||
| Fed Monetary Policy Report | USD | |
| Monday, October 12 | ||
| Bank Holiday | USD | |
| Bank Holiday | CAD | |
| FOMC Member Hammack Speaks | USD | |
| Tuesday, October 13 | ||
| New Home Prices m/m | CNY | |
| FOMC Member Waller Speaks | USD | |
| New Loans | 300B | CNY |
| M2 Money Supply y/y | 7.5% | CNY |