Oil Market Snapshot — Fri, 11 Sep 2026 05:00 UTC
Published 2026-09-11 05:05
Oil prices surged dramatically in the hour ending 05:00 GMT on Friday, September 11, 2026, driven by the continued closure of the Strait of Hormuz amidst escalating US-Iran conflict. The "Disruption Index" reached an unprecedented 998, an 899-point increase from the prior reading, underscoring severe supply concerns. Brent Crude Oil topped the 24-hour movers, rising 5.57% to $100.50/barrel, while WTI Crude Oil gained 5.31% to $101.70/barrel. A separate Brent Crude contract climbed 3.19% to $109.51/barrel, with WTI Crude advancing 3.24% to $97.26/barrel. Conversely, LNG saw a modest decline, falling 1.22% to €83.06/MWh. The market remains acutely sensitive to any developments regarding the Strait of Hormuz reopening.
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 | 109.51 USD/barrel | 3.19 |
Top movers
- Brent Crude Oil: % —
- WTI Crude Oil: % —
- WTI Crude: % —
- Brent Crude: % —
- LNG: % —
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?
- Oil prices surge as Strait of Hormuz remains closed amid US-Iran conflict
- What is the Disruption Index?
- Currently 998, up 899 vs prior reading.