TREE NEWS reports: WTI November crude futures closed down $3.22, or nearly 3.48%, at $89.38 a barrel, approaching the September 4 close of $88.57 after touching $101.69 intraday on September 15. Middle East Abu Dhabi Murban crude futures rose 2.61% to $119.99 a barrel. NYMEX November natural gas settled at $3.0110 per million BTU.
WTI November Crude Settles at $89.38, Down 3.48%
AI take
The divergence between WTI's sharp pullback and Murban's gain points to a regional premium rather than a single global crude signal, with the Middle East benchmark holding up while the US contract retraces toward its early-September close. That split matters for anyone reading one headline price as the whole story. Whether the spread persists, or WTI's slide drags the rest of the complex with it, is the open question.
Generated by AI for reference only.
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