← Back
Intraday October WTI remained below $92.49 with hours left, so a September 3 settlement above the threshold is unlikely.
The supplied settlement-basis snapshot of $92.4074 sits barely below $92.49, but same-day delayed quotes put October WTI around $91.75 and no higher than $91.80. The prior settlement was $91.01, so the contract still needs a material late-session rise during CME’s brief calculation window. Hormuz disruption and depleted inventories preserve a credible upside spike, while recovering exports and workaround supply routes restrain it. Overall, a September 3 settlement above $92.49 is unlikely.
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.