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WTI is trading around $92.96 with little time remaining, so a September 9 settlement above $91.49 is likely, though meaningfully uncertain.
WTI is currently above the threshold, and severe shipping disruption, Saudi facility outages, and falling U.S. inventories support elevated prices. The cushion remains vulnerable because recent settlements were below $91.49, September 8 trading crossed both sides of the threshold, and progress on a Hormuz route could reduce the risk premium quickly. With little time remaining, an above-threshold settlement is likely, with meaningful uncertainty from exceptional intraday volatility.
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.