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October WTI’s September 2 high was $92.29 despite Gulf escalation, so an active-month WTI touch of $100 this month is a meaningful underdog.
WTI began September below the threshold despite severe regional conflict, while recovering Gulf exports and record U.S. production limit further upside. The evidence therefore leans against a touch, but fresh attacks, tight inventories, and recent large daily swings keep $100 a meaningful underdog rather than a remote possibility.
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.