Will the WTI crude oil settlement price be above 82.49 USD/Bbl on Aug 27, 2026?
The latest official settlement was below the cutoff and same-day readings mostly remained there, so an above-threshold WTI settlement is a meaningful underdog.
October WTI entered August 27 below the cutoff after consecutive declining settlements. Same-day readings were mostly below it despite a brief move above, leaving a viable but less likely upside path. Disrupted Gulf flows and Russian infrastructure attacks could still produce a sharp rally, while diplomatic progress, rising supply, and bearish momentum favor a below-cutoff settlement. No supplied source yet reports the official August 27 settlement.
- The latest official settlement left October WTI below the cutoff, requiring a same-day gain and making an above-threshold finish less likely.On August 26, October WTI settled at $82.23 per barrel, down $0.13 on the day.
- A delayed August 27 reading remained below the cutoff, indicating that the needed rally had not been sustained by late morning.On August 27 at 10:52 BST, WTI was shown at $82.09 per barrel, with the data identified as delayed and potentially rounded.
- Recent selling pressure and broken technical support increase the chance that rallies fade before settlement.An August 27 technical report said WTI had fallen below a bullish trend line and its 100- and 200-period moving averages, with nearby resistance at $83.20.
- The contract-area price already traded above the cutoff intraday, showing that only a modest rebound is needed for a qualifying settlement.On August 27, Investing.com displayed an intraday WTI high of $82.54, although it did not report an official settlement.
- Continuing threats to Russian exports and uncertainty over Hormuz reopening preserve the possibility of a sudden supply-driven rally.On August 27, Russian energy infrastructure faced continued Ukrainian strikes, while Iran said its arrangement with Oman did not guarantee an immediate Hormuz reopening.
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