Oil Market Snapshot — Fri, 11 Sep 2026 06:00 UTC
Published 2026-09-11 06:05
Oil prices surged this hour as the Strait of Hormuz remains closed, exacerbating supply fears amidst the escalating US-Iran conflict. Brent Crude Oil led gains, trading at $100.5/barrel, a 24-hour increase of +5.57%. WTI Crude followed, reaching $101.7/barrel, up +5.31%, while a separate WTI Crude contract stood at $97.26/barrel (+3.24%) and Brent Crude at $109.51/barrel (+3.19%). This dramatic market response pushed the Disruption Index to 998, a significant jump of 899 points from its prior reading. LNG, however, saw a slight decline, trading at 83.06 EUR/MWh (-1.22%). No new headlines emerged in the last hour to temper or amplify these movements. Continued closure of the Strait of Hormuz points to further upward pressure on crude benchmarks.
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.