WTI bias flipped 35 times to neutral on October 8, 2026
WTI has been moving on competing supply signals, with Iran-related strike fears and Houthi attacks on tankers around Hormuz coinciding with U.S. Gulf shut-ins linked to Hurricane Isaias. Prices at one point rushed above $90.00 and settled about 4% higher, while recovering Middle East and Gulf export flows have at times reversed earlier gains.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 35 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
- 00:09Bullish
- 02:04Neutral
- 02:24Bullish
- 03:35Neutral
- 03:50Bullish
- 07:46Bearish
- 08:06Bullish
- 10:01Neutral
- 10:16Bullish
- 11:21Neutral
- 11:51Bullish
- 15:12Bearish
- 15:27Bullish
- 15:47Weak bullish
- 16:02Bearish
- 16:17Neutral
- 16:32Bearish
- 16:52Neutral
- 17:07Bullish
- 17:22Bearish
- 17:37Bullish
- 17:52Neutral
- 18:07Bullish
- 18:22Weak bearish
- 18:37Bullish
- 19:07Neutral
- 19:22Bullish
- 20:27Bearish
- 20:42Neutral
- 20:57Bearish
- 21:17Neutral
- 22:32Bullish
- 22:47Neutral
- 23:27Bullish
- 23:52Neutral
Headlines (15)
First seen on October 8
- Oil Jumps 2% as Iran Steps Up Attacks on Hormuz TankersOilPrice.com
- 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
- WTI Oil rushes above $90.00 as tensions in the Middle East growFXStreet
- 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 settles circa 4% higher as two supply threats collide: Iran strike fears and Hurricane IsaiasInvestingLive
Carried over from earlier days
- S&P Set To Open At Record High As Oil Slides, Bond Rout Takes A BreatherZeroHedge
- WTI rebounds as Hormuz risks temper relief from rising Gulf exportsFXStreet
- WTI rises to near $89.50 as Middle East supply threats offset Persian Gulf recoveryFXStreet
- Brent Back Above $100 as Houthis Hit Saudi InfrastructureOilPrice.com
- Brent Back Above $100 as Houthis Hit Saudi InfrastructureInvesting.com
- WTI eases as Gulf export flows counter Middle East, US storm concernsFXStreet
- WTI reverses earlier gains as recovering Middle East exports weighFXStreet
- 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 | |