WTI slips from six-month highs as Iran diplomacy eases supply worries: Oct 26, 2026
WTI pulled back from six-month highs above $100 as mediation efforts around the Iran war eased immediate supply worries. Traders are weighing risks around Saudi attacks and Hormuz shipping against demand concerns, while Trump calling off an Iran strike has kept focus on diplomacy.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 9 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
- 01:10Bearish
- 01:28Neutral
- 08:04Bearish
- 08:59Neutral
- 11:55Bearish
- 12:10Bullish
- 12:35Neutral
- 18:01Bearish
- 18:21Neutral
Headlines (18)
First seen on October 26
- WTI drops to near 101.00 as Trump rules out immediate Iranian strikesFXStreet
- Oil falls from 6-mth highs; Saudi attacks keep supply risks in focusInvesting.com
- Wti Oil Rises Above $100 as Investors Cut RiskActionForex
- Crude oil's weird Monday: Brent, WTI slip as attacks rattle markets, Murban jumps 3% to $118gulfnews.com
- WTI Price Forecast: Slides further below $100.50; bullish potential seems intactFXStreet
- Oil slides over 2% as traders weigh Saudi attack risks, demand destructionCNBC
- Forex Today: Mood improves slightly to begin critical central bank weekFXStreet
- Oil Falls Amid Diplomatic Efforts to End Iran WarThe Wall Street Journal
- Oil falls from 6-mth highs as Iran mediation efforts ease supply worriesHellenic Shipping News
- WTI corrects to near $100 as focus shifts to key policy decisionsFXStreet
- Oil eases on diplomacy hopes; European gas rises on winter supply concernsogj.com
Carried over from earlier days
- Iran says won’t allow US warships to get close as Trump ponders new attacksAl Jazeera
- Houthis claim to have struck Saudi airports, oil facilities with missiles, dronesaa.com.tr
- Qatar official calls for peace and security to boost trade, investmentAl Jazeera
- Hormuz management to never return to pre-war era: Araghchien.mehrnews.com
- Oil Prices Rise Despite Middle East Export RecoveryOilPrice.com
- Oil prices down almost $1 in early tradingInvesting.com
- Trump Calls Off Iran Strike But Will Oil Hold Above $100?BeInCrypto
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, October 27 | ||
| ADP Weekly Employment Change | USD | |
| Durable Goods Orders m/m | 2.0% | USD |
| Core Durable Goods Orders m/m | 0.6% | USD |
| S&P/CS Composite-20 HPI y/y | 2.6% | USD |
| HPI m/m | 0.2% | USD |
| Richmond Manufacturing Index | 0 | USD |
| CB Consumer Confidence | 81.2 | USD |
| New Home Sales | 651K | USD |