Oil Market Snapshot — Thu, 10 Sep 2026 23:00 UTC
Published 2026-09-10 23:05
Oil prices surged dramatically as the US-Iran conflict escalated, severely disrupting the Strait of Hormuz. WTI Crude led the gains, closing at $102.05/barrel, a 6.25% increase over the last 24 hours. Brent Crude followed closely, rising 5.96% to $107.24/barrel, while the secondary Brent Crude Oil benchmark also saw a 5.57% jump to $100.50/barrel. WTI Crude Oil similarly climbed 5.31% to $101.70/barrel. The Disruption Index remained at 99, unchanged from its prior reading, reflecting the ongoing critical impact on global energy flows. Conversely, LNG experienced a slight downturn, dropping 1.11% to 83.06 EUR/MWh. With no new headlines published this hour, the market continues to digest the geopolitical instability. Further escalation in the Strait of Hormuz remains the primary driver of market volatility.
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 | 107.24 USD/barrel | 5.96 |
Top movers
- WTI Crude: % —
- Brent Crude: % —
- Brent Crude Oil: % —
- WTI Crude Oil: % —
- LNG: % —
Frequently asked questions
- What moved oil prices this hour?
- WTI Crude led with a +6.25% move.
- What is the current Strait of Hormuz status?
- US-Iran Conflict Escalates, Strait of Hormuz Severely Disrupted, Oil Prices Soar
- What is the Disruption Index?
- Currently 99, up 0 vs prior reading.