CME Group Inc.
09/15/2026 | Press release | Distributed by Public on 09/15/2026 15:23
WTI Crude Oil futures reach 19-week highs on supply risks.
Discuss August WTI Crude Oil futures hitting a 19-week high near $106.75, driven by multiple supply-side factors. Cover the ongoing closure of Saudi Arabia's East-West pipeline, which affects up to 4% of global supply as alternative routing through the Strait of Hormuz is tested. Mention the geopolitical tensions in Eastern Europe following Ukrainian drone strikes on a Russian refinery in Samara. Conclude with a look ahead at the upcoming API and EIA inventory reports that may introduce additional volatility into the energy markets as traders await clear timelines for returning pipeline barrels to the market.
CME Group Inc. published this content on September 15, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 15, 2026 at 21:23 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]