{"schema_version":"1.0","type":"daily_commodity_report","available":true,"name":"Sharemaestro Brent Crude Oil Daily Commodity Report","edition":"2026-08-20","market":{"name":"Brent Crude Oil","slug":"brent-crude-oil","group":"Energy","unit":"USD per barrel"},"current_read":{"state":{"label":"Mixed","headline":"Brent Crude Oil has a negative recent path, but its main market readings point in different directions."},"headline":"Brent Crude Oil has a negative recent path, but its main market readings point in different directions.","summary":"The latest completed close is 93.78 USD per barrel. The Trend Signal is active, Relative Strength is -0.3 and Market Dynamics is +0.38. This week is +5.9% through 4 completed sessions; across 20 sessions, price changed -6.9%."},"price":{"completed_close":93.779999,"recent_performance_pct":{"1_day":2.3575594076328477,"5_days":7.706441943264064,"20_days":-6.862650573787854,"60_days":-5.824465639195298,"252_days":42.5444559576766},"current_week":{"week_start":"2026-08-17","through":"2026-08-20","sessions":4,"return_pct":5.94216242461012,"up_sessions":4,"down_sessions":0,"unchanged_sessions":0,"session_moves":[{"day":"2026-08-17","close":90.870003,"return_pct":2.6547741523307966},{"day":"2026-08-18","close":91.019997,"return_pct":0.16506437223293702},{"day":"2026-08-19","close":91.620003,"return_pct":0.6592023948319703},{"day":"2026-08-20","close":93.779999,"return_pct":2.3575594076328477}],"previous_week_start":"2026-08-10","previous_week_end":"2026-08-14","previous_sessions":5,"previous_return_pct":5.948526417168409,"change_vs_previous_week_pct_points":-0.006363992558289233,"headline":"Price is higher this week, but momentum has slowed from last week.","detail":"Price is +5.94% across 4 completed sessions this week. The previous completed week returned +5.95%. The market is +2.00 percentage points versus its group this week.","tone":"mixed","group_return_pct":3.9419910677909398,"relative_to_group_pct_points":2.0001713568191803}},"readings":{"trend":{"state":"Active","value":87.751334},"fair_value":87.878077,"relative_strength":{"value":-0.324429,"state":"Lagging"},"market_dynamics":{"value":0.382448,"state":"Supportive"}},"current_setup":{"stance":"Trend with a confirmation gap","path":"Price is trending upward, but not every market measure supports the move. The setup improves if the weaker reading turns positive.","trigger":"A completed close that holds above 87.75 USD per barrel, with Market Dynamics positive and relative strength above zero.","failure":"A completed loss of 87.75 USD per barrel alongside weakening Market Dynamics.","risk":"Volatility ranks at percentile 91 of its three-year history. Treat any setup as high-temperature and scale risk accordingly.","scenarios":[{"label":"Constructive path","condition":"A completed close that holds above 87.75 USD per barrel, with Market Dynamics positive and relative strength above zero.","meaning":"Confirmation would favour trend continuation or a completed repair rather than an anticipatory entry.","tone":"supportive"},{"label":"Holding pattern","condition":"Price remains near its current structure while confirming layers stay mixed.","meaning":"The market stays on watch; patience preserves the edge because there is no need to force a direction.","tone":"mixed"},{"label":"Failure path","condition":"A completed loss of 87.75 USD per barrel alongside weakening Market Dynamics.","meaning":"The setup weakens and the defensive interpretation takes priority until a new completed repair develops.","tone":"negative"}]},"positioning":{},"producer_positioning":{},"related_markets":{"title":"WTI crude oil is the clearest current confirmation market","detail":"The 52-week return correlation is +0.92. A matching move adds context; a divergence may indicate a relative-value move rather than a broad group signal. The strongest retained macro link is Crude oil at +0.91, but it remains descriptive and can change.","action":"Use related markets to confirm or challenge the thesis; do not use correlation alone as the entry trigger."},"publication_boundary":"Observed market data and finished Sharemaestro readings only. Formulas, components, model features, thresholds, weights, source identifiers and calculation workings are not published.","source_coverage":{"commodity_intelligence":{"available":true,"as_of":"2026-08-19","cadence":"Completed daily sessions"},"weekly_exchange":{"available":true,"as_of":"2026-08-14","cadence":"Completed weekly evidence"}},"weekly_exchange":{"name":"Brent Crude Oil","group":"Energy","as_of":"2026-08-14","completed_close":88.519997,"recent_performance_pct":{"1_weeks":5.9485,"4_weeks":0.4767,"12_weeks":-14.5065,"52_weeks":34.4267},"readings":{"trend":{"state":"Inactive"},"fair_value":78.152885,"relative_strength":{"value":-0.320268,"state":"Lagging"},"market_dynamics":{"value":-0.386149,"state":"Cautious"},"next_week_view":{"direction":"undecided","probability_pct":51.1801}}},"canonical_url":"https://sharemaestro.com/commodities/assets/brent-crude-oil/report/","distributions":{"html":"https://sharemaestro.com/commodities/assets/brent-crude-oil/report/","pdf":"https://sharemaestro.com/commodities/assets/brent-crude-oil/report/download.pdf","json":"https://sharemaestro.com/commodities/assets/brent-crude-oil/report/data.json"},"citation":"Sharemaestro, Brent Crude Oil Daily Commodity Report, 2026-08-20, https://sharemaestro.com/commodities/assets/brent-crude-oil/report/","license":"https://sharemaestro.com/data-license/","disclaimer":"Observed market evidence for research and education only. Not financial, investment, trading, tax or legal advice.","content_hash":"ee5125a374152879fe70efa640944faf34c9731ea0aff9d795285acfbb375cc1"}