CME Group Inc.

08/26/2026 | Press release | Distributed by Public on 08/26/2026 10:54

WTI Crude Oil futures ease as Middle East tensions cool.

Phillip Streible breaks down the latest moves in the energy complex. He analyzes WTI Crude Oil futures as prices retreat from recent highs amid de-escalation talks between Iran and Oman regarding the Strait of Hormuz, removing some geopolitical premium from the market. Streible also reviews the latest EIA inventory report, highlighting a small build of 100,000 barrels alongside strong refinery utilization and gasoline demand. Finally, he looks at Natural Gas futures, where late-summer heat forecasts are supporting prices despite elevated production levels.
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