Oil Market Snapshot — Fri, 11 Sep 2026 17:00 UTC
Published 2026-09-11 17:05
The Disruption Index surged to 998, an 899-point increase from the prior reading, driven by escalating tensions in the Strait of Hormuz. The vital shipping chokepoint is experiencing partial status due to confirmed vessel attacks, elevated insurance premiums, and ongoing diplomatic talks, severely impacting crude flows. This instability ignited a significant market rally. Brent Crude Oil led gains, trading at $100.50/barrel, up 5.57%, while WTI Crude Oil rose 5.31% to $101.70/barrel. Concurrently, a separate listing for Brent Crude showed a 2.70% decline to $104.13/barrel, and WTI Crude fell 2.40% to $99.23/barrel, suggesting market bifurcation or data inconsistencies. LNG saw a modest 1.28% increase. No new headlines emerged in the hour. Geopolitical risks are now the primary price driver.
Price snapshot
| Commodity | Price | Change |
|---|---|---|
| VLCC tanker freight | 520000 USD/day | — |
| 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 |
| Brent Crude | 104.13 USD/barrel | -2.7 |
Top movers
- Brent Crude Oil: % —
- WTI Crude Oil: % —
- Brent Crude: % —
- WTI 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?
- Strait of Hormuz: Vessel attacks, high insurance, and diplomatic talks
- What is the Disruption Index?
- Currently 998, up 899 vs prior reading.