Oil Bulls Take Control as Iran Deal Collapses and Hormuz Stays Restricted
October WTI crude oil futures are trading at $86.31 late Thursday, up $4.82 or 5.91% for the week. The contract opened at $81.62, traded as low as $80.80, and reached $87.69.
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Key Facts
- Fact 1: October WTI crude oil futures are trading at $86.31 late Thursday, up $4.82 or 5.91% for the week.
- Fact 2: The contract opened at $81.62, traded as low as $80.80, and reached $87.69.
October WTI crude oil futures are trading at $86.31 late Thursday, up $4.82 or 5.91% for the week. The contract opened at $81.62, traded as low as $80.80, and reached $87.69.
Friday’s session is still ahead, so the weekly result is not final. The market has already made its decision about the week. WTI rallied because the agreement traders were waiting for never appeared.
(Original synthesis pending human/AI review — generated by the stub provider from the source excerpt only, not copied verbatim from the full article.)
Original source: OilPrice.com