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October WTI is already above $87.49 with only hours remaining, so an official September 1 settlement above the threshold is likely.
The October contract has crossed the threshold in intraday trading after reaching $88.13, while renewed U.S.-Iran hostilities support elevated crude prices. The cushion remains narrow, the prior settlement was below the threshold, and the official September 1 settlement is not yet available, leaving meaningful risk of a late reversal.
Research and information only. Not financial advice or a recommendation to trade. Markets involve risk, including loss of capital. Review venue rules and eligibility before trading.