WTI bias flipped 3 times to bullish on October 11, 2026
WTI is in focus after attacks on tankers and shipping in the Strait of Hormuz spread across the Gulf, including a supertanker hitting a mine and additional tankers hit as U.S. strikes and warnings over transits add to tensions. With efforts to end the war on Iran reported as stalled, the escalation has stoked supply fears, while attention is also on emergency releases and how much cushion the Strategic Petroleum Reserve can provide.
Updated
The reading that day
BullishAt the close of the UTC day.
BearishNeutralBullish
It changed 3 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
- 22:45Bullish
- 23:00Weak bearish
- 23:55Bullish
Headlines (20)
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
- Missile attack on airport in Saudi Arabia's capital kills 12 people and injures over 300ABC News
- More Tankers Hit in Hormuz as U.S. Strikes Cargo Shipgcaptain.com
- Hormuz attacks intensify as efforts to end war on Iran stallAl Jazeera
- How Low Can the Strategic Petroleum Reserve Actually Go?OilPrice.com
- Iran warns ships against transiting Strait of Hormuz with their navigation systems offTASS
- Dramatic Videos Show Several Tankers On Fire In Strait Of Hormuz This WeekendZeroHedge
- Oil Rises After MidEast Attacks Spread And Escalate, Stoking Supply FearsZeroHedge
Carried over from earlier days
- Oil prices fall as Trump pauses Iran attacks, China restarts fuel exports – business liveThe Guardian
- IEA Members Support Oil Stock Release Accelerationrigzone.com
- "Small Disruption Now Has Outsized Price Consequences": Jefferies Warns As Hurricane Takes Aim At US Gulf EnergyZeroHedge
- Oil: Iran tensions keep crude prices elevated - RabobankFXStreet
- Iran Goes Offensive: Strikes LPG Tanker In Strait Of Hormuz, Threatens 'Punishment' For All ViolatorsZeroHedge
- WTI holds steady as traders weigh US-Iran tensions and supply risksFXStreet
- Trump Puts Iran Strikes on Hold as Hurricane Threatens Oil SupplyOilPrice.com
- Isaias Puts 500,000 Barrels a Day of Refining Capacity at Riskgcaptain.com
- Middle East on Edge: Houthis Strike Energy Target as Trump Threatens, Delays Iran War Escalationnaturalgasintel.com
- Oil supertanker hits mine in Strait of Hormuz — IRGCTASS
- Emergency Oil Releases Risk Draining the World’s Last Supply CushionOilPrice.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 | |