WTI bias flipped 41 times to bearish on October 2, 2026
WTI has been whipsawing as improved Gulf supply and emergency releases from IEA and G7 stockpiles compete with renewed Middle East conflict risk. Prices have held near multi-year highs around $90 to $91.00 even as Middle East oil flows reached pre-war levels, while Chinese refiners stopping fuel exports helped turn a loss into a rally.
Updated
The reading that day
BearishAt the close of the UTC day.
BearishNeutralBullish
It changed 41 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
- 00:02Weak bullish
- 00:17Bullish
- 00:32Weak bullish
- 00:47Bullish
- 01:07Bearish
- 01:27Bullish
- 02:57Bearish
- 03:12Bullish
- 04:07Bearish
- 04:22Bullish
- 05:17Bearish
- 05:32Weak bullish
- 07:07Bullish
- 07:27Weak bearish
- 07:42Weak bullish
- 07:57Bullish
- 08:27Neutral
- 08:52Weak bearish
- 09:07Bearish
- 09:27Neutral
- 10:02Bullish
- 10:17Neutral
- 11:02Bearish
- 11:32Neutral
- 11:47Bullish
- 13:02Bearish
- 13:17Weak bullish
- 13:32Bearish
- 13:52Bullish
- 14:22Bearish
- 14:37Weak bearish
- 14:52Bullish
- 15:07Bearish
- 15:27Neutral
- 15:57Bearish
- 16:28Bullish
- 16:43Bearish
- 17:23Neutral
- 17:43Bearish
- 19:28Bullish
- 20:33Bearish
Headlines (14)
First seen on October 2
- WTI Oil edges down below $91.00 amid reports of higher flows from the GulfFXStreet
- WTI Sinks Nearly 4% as EU Weighs Emergency Stockpile ReleaseInvesting.com
- WTI Whipsaws as Gulf Supply Improves and Middle East Risk ReturnsOilPrice.com
- IEA announces 100 million barrel oil reserve releaseInvesting.com
- Oil Falls as G7 Taps Emergency Suppliesrigzone.com
Carried over from earlier days
- Brent falls below $96 per barrel for first time since September 7 on ICE exchangeTASS
- WTI Price Forecast: Sticks to recovery gains below $89.00; lacks bullish convictionFXStreet
- WTI falls to near $89.00 as Middle East oil shipments recoverFXStreet
- Brent Tumbles to $96 as Gulf Oil Flows Bounce BackOilPrice.com
- WTI recovers strongly above $90 even as Middle East oil flows reach pre-war levelsFXStreet
- Brent Oil: Conflict-driven surge shapes bond stress – Deutsche BankFXStreet
- Oil: Prices hold near multi‑year highs – UOBFXStreet
- Crude Oil turns a loss into a rally as Chinese refiners stop exporting fuelFXStreet
- Oil Jumps on Renewed Conflict Fearsrigzone.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, October 2 | ||
| Average Hourly Earnings m/m | 0.3% | USD |
| Unemployment Rate | 4.1% | USD |
| Non-Farm Employment Change | 89K | USD |
| FOMC Member Logan Speaks | USD | |
| Factory Orders m/m | 0.1% | USD |
| FOMC Member Goolsbee Speaks | USD | |
| Sunday, October 4 | ||
| OPEC-JMMC Meetings | All | |
| Bank Holiday | CNY | |