Oil Market Snapshot — Fri, 11 Sep 2026 18:00 UTC
Published 2026-09-11 18:05
Brent Crude surged 5.57% to $100.5/barrel, with WTI Crude mirroring the rise at $101.7/barrel (+5.31%) in 24 hours, driven by escalating supply concerns. This contrasts with more recent intra-hour movements showing Brent Crude at $104.13 (-2.70%) and WTI at $99.23 (-2.40%), reflecting extreme intraday volatility. The "Disruption Index" rocketed to 998, an 899-point increase from the prior reading, coinciding with a "partial" status for the Strait of Hormuz, where "vessel attacks, high insurance, and diplomatic talks" are reported. LNG saw a modest 1.28% gain. Zacks (via Investing.com) highlighted the market impact, reporting "Wholesale Inflation Climbs as Surging Oil Prices Impact Global Economy." Supply risks in critical chokepoints remain the dominant market 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: % —
Related news
- Wholesale Inflation Climbs as Surging Oil Prices Impact Global Economy — Wholesale inflation is on the rise, a direct consequence of surging oil prices driven by escalating geopolitical tensions. Analysts are raising 2027 forecasts, indicating that disrupted Middle East shipping and shrinking stockpiles will continue to fuel inflation risks.
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.