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10/20/2026 | Press release | Distributed by Public on 10/20/2026 14:41

WTI Crude Oil futures hit $101.37 before reversing on supply news.

WTI Crude Oil futures reached a seven-week high of $101.37 before reversing sharply to trade lower on the session. The price movement created an outside range day following seven consecutive sessions of gains. Market pressure increased as news surfaced that sanctions and tariffs on Russian oil exports are being waived to ease global supply concerns, while traders continue monitoring Middle East diplomatic developments.

CME Group Inc. published this content on October 20, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 20, 2026 at 20:41 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 If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]

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