Oil Market Snapshot — Thu, 10 Sep 2026 14:00 UTC
Published 2026-09-10 14:05
The Strait of Hormuz closure, expanded by Iranian strikes and a new no-go zone, has catapulted crude oil prices. Brent Crude Oil surged 5.57% over the last 24 hours to $100.5 USD/barrel, while WTI Crude Oil jumped 5.31% to $101.7 USD/barrel. The sustained disruption, reflected in a stable Disruption Index of 99, signifies ongoing supply chain instability. Despite the dramatic 24-hour moves, intra-day trading in the specified hour showed WTI Crude at $97.25 USD/barrel (+1.25%) and Brent Crude at $101.7 USD/barrel (+0.48%), indicating continued upward pressure. LNG Europe spot prices remained unchanged at 0 EUR/MWh due to the immediate focus on oil logistics. The market anticipates further escalation as naval actions continue to impede critical transit.
Price snapshot
| Commodity | Price | Change |
|---|---|---|
| Brent Crude Oil | 100.5 USD/barrel | 5.57 |
| WTI Crude Oil | 101.7 USD/barrel | 5.31 |
| LNG Europe spot price | 0 EUR/MWh | 0 |
| Urea fertilizer spot price | 0 USD/MT | 0 |
| Methanol spot price | 0 USD/MT | 0 |
| Sulfur spot price | 0 USD/MT | 0 |
| Aluminium LME spot price | 0 USD/MT | 0 |
| VLCC tanker freight rate | 0 USD/day | 0 |
| Petrochemicals | USD/ | 0 |
| Brent Crude | 101.7 USD/barrel | 0.48 |
Top movers
- Brent Crude Oil: % —
- WTI Crude Oil: % —
- WTI Crude: % —
- Brent Crude: % —
- LNG Europe spot price: % —
Frequently asked questions
- What moved oil prices this hour?
- Brent Crude Oil led with a +5.57% move.
- What is the current Strait of Hormuz status?
- Iran strikes ships, expands no-go zone outside Strait of Hormuz
- What is the Disruption Index?
- Currently 99, up 0 vs prior reading.