WTI Crude Oil futures pull back after 8-session rally. 9/11/26

WTI Crude Oil futures pull back after an eight-session rally, dropping roughly 2.5% to trade near the $100 mark. The selling pressure follows news of potential negotiations among Middle East nations regarding shipping in the Strait of Hormuz, which has helped ease short-term supply concerns. Despite the daily decline, WTI remains up nearly 9% for the week and continues to trade near its highest levels since mid-May. Dan Deming breaks down the price action across the energy complex, noting that while RBOB Gasoline and Brent also traded lower, diesel prices continue to hold at record levels. Learn more about trading futures and options at CME Group: https://www.cmegroup.com/markets/energy.html #Energy #CrudeOil #Futures