TREE NEWS reports: WTI October crude futures settled down $2.43, or 2.37%, at $100.05 a barrel, still up nearly 9.37% for the week. Middle East Abu Dhabi Murban crude fell 2.02% to $120 a barrel, up 16.17% week-to-date. NYMEX October natural gas settled at $2.8310 per million British thermal units, with gasoline at $3.3072 a gallon and heating oil at $4.9593 a gallon.
WTI October Crude Settles Down 2.37% at $100.05 a Barrel, Up Nearly 9.37% on the Week
AI take
The day's pullback matters less than the weekly move: crude still finished sharply higher, and the wider Murban benchmark gained even more, suggesting the bid was concentrated in physical-linked grades rather than a uniform futures rally. That divergence between WTI and Murban is the detail worth tracking, since it hints at where supply concern is actually priced. Whether the weekly gain holds or unwinds after such a steep run is the open question.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
12m ago
Iran Warns Saudi Arabia, Japan and Jordan Over IAEA Resolution Vote
12m ago
CFTC: Nat gas spec net shorts up 3,719 to 54,416 lots in week to Sept 8
12m ago
CFTC: Natural Gas Speculative Net Shorts Across Four Major NYMEX and ICE Markets Rise to 54,416 Lots in Week Ended September 8
12m ago
CFTC: COMEX gold speculators cut net long position by 1,263 lots to 139,548
14m ago
Yen Gains 1.63% on Dollar This Week as USD/JPY Ends at 153.73
16m ago
JPMorgan Now Expects Fed Rate Hikes in September and December