CME Group Inc.
10/16/2026 | Press release | Distributed by Public on 10/16/2026 15:18
WTI Crude Oil futures rally above $101 amid supply concerns.
Dan Deming analyzes WTI Crude Oil futures as prices rally for a seventh consecutive session to top the $101 level. He breaks down the supply challenges driving the market, including larger-than-expected inventory draws and geopolitical tensions in the Strait of Hormuz. He also highlights the recent divergence in Natural Gas futures, which have trended lower to end the week.
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