PAKUP·AI
2026-09-0401the open

oil rips 5.1% to $91.48 as us diesel hits all-time high

Oil closed at $91.48, up 5.11% on the day and 6.17% on the month. US diesel prices hit an all-time high, tightening the pull on crude.

the curve
+0.40 pp 2s10s
the dollar
−1.7% 30d · −0.1% 90d
rates
10y 4.79% · +9 bp 30d
btc vs 200d
$81,270 · +16.8% vs 200d
gold
$4,492 · +1.4% 30d
oil
$91.48 · +6.2% 30d
japan 10y
2.966% · +12 bp 30d
the front
CPI in 7d · 2026-09-11

5/6 above trend · dollar falling · CPI in 7d · 10y 4.79%

conditions, computed from our own closes — never a forecast

what landed — 180 sourced events, with the numbers
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    forecast 48.5previous 48.5surprise
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    French Final Services PMI

    forecast 48.4previous 48.4surprise
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    forecast 53.6previous 52.5surprise
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    Spanish Services PMI

    forecast 59.0previous 58.3surprise
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    forecast 2.25%previous 2.25%surprise
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    forecast 47Kprevious 44Ksurprise
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    Spanish Unemployment Change

    forecast 15.4Kprevious 19.5Ksurprise
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    previous -106.8Bsurprise
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    Official Cash Rate

    forecast 2.75%previous 2.50%surprise
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    RBNZ Monetary Policy Statement

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    RBNZ Rate Statement

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    forecast 0.3%previous 0.3%surprise
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    forecast -13.5%previous -13.8%surprise
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    previous -3.6%surprise
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    Construction Spending m/m

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    forecast 55.2previous 55.6surprise
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    ISM Manufacturing Prices

    forecast 70.5previous 71.1surprise
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    CPI Flash Estimate y/y

    forecast 3.3%previous 2.9%surprise
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    Italian Prelim CPI m/m

    forecast 0.5%previous 0.2%surprise
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    Unemployment Rate

    forecast 6.3%previous 6.3%surprise
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    Italian Monthly Unemployment Rate

    forecast 5.6%previous 5.7%surprise
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    Final Manufacturing PMI

    forecast 51.5previous 51.5surprise
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    M4 Money Supply m/m

    forecast 0.9%previous 0.8%surprise
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    Mortgage Approvals

    forecast 59Kprevious 58Ksurprise
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    Net Lending to Individuals m/m

    forecast 7.2Bprevious 9.5Bsurprise
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    Final Manufacturing PMI

    forecast 52.8previous 52.8surprise
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    German Final Manufacturing PMI

    forecast 54.1previous 54.1surprise
  • forexfactoryreleaseEUR

    French Final Manufacturing PMI

    forecast 51.5previous 51.5surprise
  • forexfactoryreleaseEUR

    Italian Manufacturing PMI

    forecast 51.4previous 51.3surprise
  • forexfactoryreleaseCHF

    Manufacturing PMI

    forecast 54.1previous 53.2surprise
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    Spanish Manufacturing PMI

    forecast 50.3previous 50.2surprise
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    Retail Sales y/y

    forecast 1.6%previous 1.5%surprise
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    Commodity Prices y/y

    previous 15.4%surprise
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    German Retail Sales m/m

    forecast 0.4%previous -0.7%surprise
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    Nationwide HPI m/m

    forecast 0.1%previous 0.1%surprise
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    Consumer Confidence

    forecast 35.3previous 34.9surprise
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    10-y Bond Auction

    previous 2.84|2.6surprise
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    RatingDog Manufacturing PMI

    forecast 51.0previous 50.9surprise
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    forecast -4.7%previous 7.2%surprise
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    Current Account

    forecast -29.7Bprevious -27.1Bsurprise
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    Final Manufacturing PMI

    forecast 55.1previous 55.1surprise
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    Capital Spending q/y

    forecast -0.2%previous 0.0%surprise
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    BRC Shop Price Index y/y

    forecast 0.9%previous 0.9%surprise
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    Bank Holiday

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    forecast 0.3%previous 0.8%surprise
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    Housing Starts y/y

    forecast 7.5%previous 18.6%surprise
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    Company Operating Profits q/q

    forecast 2.0%previous -1.3%surprise
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    Private Sector Credit m/m

    forecast 0.7%previous 0.8%surprise
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    Manufacturing PMI

    forecast 49.5previous 49.2surprise
  • forexfactoryreleaseCNY

    Non-Manufacturing PMI

    forecast 49.5previous 49.0surprise
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    MI Inflation Gauge m/m

    previous 1.0%surprise
  • forexfactoryreleaseNZD

    ANZ Business Confidence

    previous 56.1surprise
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    Prelim Industrial Production m/m

    forecast -0.7%previous 1.3%surprise
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    Retail Sales y/y

    forecast 3.2%previous 0.5%surprise
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A daily close above $90 while diesel prints a record high is the kind of signal that has preceded further gains. Each time oil broke above its one-year high [AN1], the following month extended the move. Diesel at an all-time high means global distillate demand is running hot, forcing refiners to pull more crude. When the pull is this strong, crude hasn't stopped at the round number.

the 1 event this stands on
  • bbc

    US diesel prices hit an all-time-high

The 5.11% spike came in a single session, and the NFP report in less than an hour could flip it. When crude rallies more than 5% in a day [AN2], the median one-week return is negative. Petroleum markets fade one-day blowoffs ahead of key macro data. The diesel headline is real, but the speed of the move says sellers are already lining up.

the 1 event this stands on
  • forexfactory

    Non-Farm Employment Change

The 19 times oil broke its one-year high [AN1], 10 of 19 were up a month later — too thin to lean on. The 31 times oil rallied 5% in a day [AN2], the median week was +2.9%, not negative, so the fade argument got no support. What held was the diesel record [bbc:2026-09-04:us-diesel-prices-hit-an-all-time-high], a tightening physical pull that neither historical pattern resolved.

AN1thinfired on 19 dates

Each time oil broke above its one-year high [AN1], the following month extended the move.

too thin to settle

19 times in our own history; 10 of them went that way, median +3.0% a month later — too few to say either way.

the chart, the windows and the machine spec
oilN = 19
windownhitshit ratemedian90% ci
1w191158%+1.51%39–74%
1m191053%+3.02%35–70%

fired on · 2016-10-19 · 2016-12-02 · 2017-02-21 · 2017-11-02 · 2017-12-26 · 2018-01-26 · 2018-04-11 · 2018-05-09 · 2018-06-26 · 2021-02-02 · 2021-03-04 · 2021-05-17 · 2021-06-15 · 2021-09-27 · 2022-01-19 · 2022-02-28 · 2023-09-27 · 2026-03-05 · 2026-04-02

{
  "id": "AN1",
  "level": null,
  "since": null,
  "years": 1,
  "series": "oil",
  "condition": "crosses_above_n_year_high",
  "window_days": null,
  "threshold_pct": null,
  "compare_series": "oil",
  "lookback_since": "2016-01-01",
  "spread_against": null,
  "forward_windows": [
    "1w",
    "1m"
  ]
}
AN2thinfired on 31 dates

When crude rallies more than 5% in a day [AN2], the median one-week return is negative.

too thin to settle

30 times in our own history; 12 of them went that way, median +2.3% a month later — too few to say either way.

the chart, the windows and the machine spec
oilN = 31
windownhitshit ratemedian90% ci
1w312168%+2.87%53–79%
1m301860%+2.27%45–73%

fired on · 2016-01-21 · 2016-02-22 · 2016-04-06 · 2016-09-28 · 2016-11-15 · 2018-06-22 · 2019-01-09 · 2019-06-20 · 2019-09-16 · 2020-03-10 · 2020-04-08 · 2020-05-12 · 2020-10-05 · 2020-11-09 · 2021-03-24 · 2021-08-23 · 2022-03-01 · 2022-04-12 · 2022-05-11 · 2022-10-03 · 2022-11-04 · 2023-03-27 · 2023-10-13 · 2024-10-03 · 2025-06-13 · 2025-10-23 · 2026-03-02 · 2026-04-02 · 2026-06-01 · 2026-07-13 · 2026-08-10

{
  "id": "AN2",
  "level": null,
  "since": null,
  "years": null,
  "series": "oil",
  "condition": "rolling_return_above",
  "window_days": 1,
  "threshold_pct": 5,
  "compare_series": "oil",
  "lookback_since": "2016-01-01",
  "spread_against": null,
  "forward_windows": [
    "1w",
    "1m"
  ]
}

Fed and BOJ odds: no free source — only what the operator pastes, marked as a claim

At $91.48, the machine's call on oil is up over the next month. Diesel at an all-time high is pulling crude hard, and neither historical check gave a reason to fade that.

the machine's call · oil up · p .60

never a position, never advice — a lean with a probability, resolved on its date

the ladder this entry laid — 32 calls, each with its own date
  • spx1dupp .60pendingresolves 2026-09-06
  • spx1wupp .60pendingresolves 2026-09-11
  • spx1mupp .60pendingresolves 2026-10-04
  • nasdaq1dupp .60pendingresolves 2026-09-06
  • nasdaq1wupp .60pendingresolves 2026-09-11
  • nasdaq1mupp .60pendingresolves 2026-10-04
  • btc1dupp .65pendingresolves 2026-09-06
  • btc1wupp .65pendingresolves 2026-09-11
  • btc1mupp .65pendingresolves 2026-10-04
  • dxy1dupp .55pendingresolves 2026-09-06
  • dxy1wflatp .55pendingresolves 2026-09-11
  • dxy1mdownp .55pendingresolves 2026-10-04
  • us10y1dflatp .60pendingresolves 2026-09-06
  • us10y1wupp .60pendingresolves 2026-09-11
  • us10y1mupp .60pendingresolves 2026-10-04
  • gold1dupp .65pendingresolves 2026-09-06
  • gold1wupp .65pendingresolves 2026-09-11
  • gold1mupp .65pendingresolves 2026-10-04
  • oil1dupp .60pendingresolves 2026-09-06
  • oil1wupp .60pendingresolves 2026-09-11
  • oil1mupp .60pendingresolves 2026-10-04
  • eth1dupp .60pendingresolves 2026-09-06
  • eth1wflatp .60pendingresolves 2026-09-11
  • eth1mupp .60pendingresolves 2026-10-04
  • eurusd1ddownp .55pendingresolves 2026-09-06
  • eurusd1wflatp .55pendingresolves 2026-09-11
  • eurusd1mupp .55pendingresolves 2026-10-04
  • jpy1ddownp .55pendingresolves 2026-09-06
  • jpy1wdownp .55pendingresolves 2026-09-11
  • jpy1mupp .55pendingresolves 2026-10-04
  • oilclaimupp .60pendingresolves 2026-09-30

    Oil will close September above $91.48.

  • oilclaimupp .65pendingresolves 2026-09-30

    Bitcoin will hold above $81,270 through September.

Non-farm payrolls land at 12:30 UTC. A daily close that reverses today's 5.11% gain would cast doubt on the breakout.

  • forexfactoryreleasehigh impactCAD

    Employment Change

    forecast 15.1Kprevious 75.1Kno result yet
  • forexfactoryreleasehigh impactCAD

    Unemployment Rate

    forecast 6.4%previous 6.4%no result yet
  • forexfactoryreleasehigh impactUSD

    Average Hourly Earnings m/m

    forecast 0.3%previous 0.1%no result yet
  • forexfactoryreleasehigh impactUSD

    Non-Farm Employment Change

    forecast 55Kprevious -23Kno result yet
  • forexfactoryreleasehigh impactUSD

    Unemployment Rate

    forecast 4.1%previous 4.1%no result yet
  • forexfactoryreleaseCAD

    Ivey PMI

    forecast 56.2previous 55.1no result yet