WTI steadies above $85 as Middle East peace hopes fade: Nov 11, 2026
WTI has traded around the $85-$86 area, described as sliding on easing Middle East tensions and Iran strike fears, then steadying above $85 as hopes of a peace agreement faded and Iran denied talks with Washington. Saudi crude output jumping 26% to near pre-war production added supply context, while broader energy prices deepened losses ahead of US inflation data.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 23 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
- 03:43Weak bullish
- 04:13Neutral
- 05:53Weak bullish
- 06:54Neutral
- 07:54Weak bullish
- 08:09Neutral
- 09:24Bullish
- 09:49Neutral
- 12:05Bullish
- 12:20Neutral
- 13:55Bearish
- 14:10Bullish
- 14:25Bearish
- 14:40Neutral
- 14:55Bullish
- 15:10Neutral
- 18:33Bearish
- 18:48Neutral
- 19:04Bullish
- 19:33Bearish
- 19:48Neutral
- 20:33Bullish
- 21:03Neutral
Headlines (11)
First seen on November 11
- WTI rebounds above $85.50 despite easing Middle East tensionsFXStreet
- WTI Oil steadies above $85 as hopes of a Middle East peace agreement start to fadeFXStreet
- Saudi Crude Output Jumps 26% as Riyadh Reports Near Pre-War ProductionOilPrice.com
- Brent Jumps Nearly 3% as Iran Denies Any Talks With WashingtonOilPrice.com
Carried over from earlier days
- WTI, Brent Fall Over 3% as Iran Reportedly Drops Hormuz Toll Demandgelonghui.com
- Global energy prices extend losses as Brent crude drops over 3%aa.com.tr
- Oil Price Slides to $86 as Trump Says Gulf Allies Back Iran BlockadeBeInCrypto
- Crude Prices Plunge as Mideast Supply, Ceasefire Hopes Buildenergyintel.com
- Oil slides as Iran strike fears ease — Brent fallsgulfnews.com
- Energy prices deepen losses while precious metals edge loweraa.com.tr
- US stock futures diverge ahead of inflation data, WTI falls 2% to about $85flash.jin10.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, November 11 | ||
| M2 Money Supply y/y | 7.2% | CNY |
| New Loans | 80B | CNY |
| Bank Holiday | USD | |
| Bank Holiday | CAD | |
| Trade Balance | CNY | |
| USD-Denominated Trade Balance | CNY | |
| Thursday, November 12 | ||
| New Loans | 80B | CNY |
| M2 Money Supply y/y | 7.2% | CNY |