TREE NEWS reports: WTI November crude settled at $90.42 a barrel, up $1.04 or more than 1.16%, with the front-month contract gaining over 7.56% in September and more than 31.65% in the third quarter. Middle East Abu Dhabi Murban crude rose 70.78% over the quarter to $119.99 a barrel, having touched $131.53 on September 14. NYMEX November natural gas closed at $3.0260 per million BTU.
WTI Crude Up Over 7.5% in September, Murban Jumps 70.8% in Q3
AI take
The scale of Murban's quarterly move, far outpacing WTI, points to a widening premium on Middle East barrels rather than a uniform crude rally — a distinction that matters for anyone tracking input costs or inflation through energy. The retreat from the September 14 high also suggests the quarter's peak may already be behind the market. Whether that gap between benchmarks persists, or closes as supply conditions shift, is the open question.
Generated by AI for reference only.
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