WTIWest Texas Intermediate Crude Oil
West Texas Intermediate Crude Oil (WTI) is a NYMEX-listed commodity covered by Valdrans. Last close $81.960, -3.18% on the day; -0.85% over 1 week, +16.59% over 4 weeks, +29.66% over 6 months (prices as of 27 Jul 2026).
- Last close (27 Jul 2026)
- $81.960
- Today
- -3.18%
- 1 week
- -0.85%
- 4 weeks
- +16.59%
- 6 months
- +29.66%
Coverage of WTI(20)
Hormuz tanker traffic grinds to near-halt as US-Iran strikes intensify
A week dominated by sharp US-Iran military escalation, a near-complete halt of Strait of Hormuz tanker traffic, and a 7% surge in crude oil prices across five sessions.
US strikes Iranian sites; Tehran retaliates and reasserts Hormuz control
A volatile European session dominated by renewed US-Iran military exchange, higher oil prices, the SK Hynix ADR debut, and a bidding war for easyJet.
Hormuz traffic halted as US-Iran ceasefire collapses; SK Hynix raises $26.5bn
An active overnight session dominated by US-Iran military escalation, record SK Hynix US listing, and a Japan PPI beat reinforcing BOJ rate-hike expectations.
SK Hynix raises $26.5bn in record US foreign-company IPO
SK Hynix completed a $26.5bn ADR offering on Nasdaq on 10 July 2026, the largest-ever US IPO by a foreign company. ADRs were indicated to open 17% above the offering price; the company reached a trillion-dollar market capitalisation.
Oil surges 5-7% as Hormuz tanker traffic halts amid US-Iran military exchange
A volatile European session dominated by renewed US-Iran military escalation, with crude prices surging and equities stabilising after an initial selloff.
Hormuz shipping near-halted as US strikes Iran for second consecutive day
A volatile overnight session dominated by US-Iran military escalation, Hormuz shipping disruption, and sharp oil price moves with equity futures under pressure.
Trump ends Iran ceasefire; WTI and Brent surge 8% amid Hormuz closure threat
WTI and Brent crude rose approximately 8% after Trump declared the Iran ceasefire over at the NATO Summit in Ankara and revoked Iranian oil sanctions waivers; U.S. equity futures in SPY and QQQ fell, bond yields spiked, and the VIX rose.
Trump declares US-Iran ceasefire over after strikes on 80 sites
A volatile European session dominated by US-Iran escalation, with oil prices surging up to 8%, equity futures falling sharply, and German Bund yields crossing 3%.
US strikes on Iran; Brent crude surges, equities and dollar move
Brent crude rose ~$4 to settle above $76, reaching $80 intraday; WTI rose 6% to $74.90. The Dow fell 1.09%, S&P 500 posted minor losses, FTSE 100 and Nikkei fell, Treasury yields rose 5bp to 4.58%, and the DXY strengthened.
US strikes 80+ Iranian targets; Brent surges 3% to $76.58
An active overnight session dominated by US military strikes on Iran and a sharp crude oil rally, with Asian equities broadly under pressure.
UAE crude output exceeds 3.8 million bpd after OPEC+ exit
UAE crude production rose above 3.8 million barrels per day in June 2026 following its departure from OPEC+, with Bloomberg data showing exports at 3.94 million barrels per day — the highest since April 2020.
Samsung earnings miss triggers chip sell-off; Hormuz tanker attacks lift crude
A volatile European session dominated by Samsung's earnings disappointment, renewed Strait of Hormuz shipping incidents, and Ukrainian drone strikes on Russian oil infrastructure.
Saudi Arabia cuts August crude OSP to Asia by largest margin in 26 years
Saudi Arabia reduced its official selling price for crude to Asian customers for August loadings by the largest margin in at least 26 years, with other Gulf producers issuing competing discounts of up to $11 per barrel; Brent crude and WTI both declined as the pricing data emerged.
LNG carrier struck in Strait of Hormuz as Iran warns talks may stall
A volatile overnight session shaped by renewed Hormuz tensions, a sharp Korean equity decline, and conflicting oil price signals from Saudi pricing and Hormuz incidents.
Saudi Arabia cuts crude prices for Asia by most in 26 years
A busy European session dominated by a historic Saudi crude price cut, Ukraine-Russia diplomatic activity, and technology sector positioning ahead of the US open.
Trump spoke separately with Putin and Zelenskyy on 6 July 2026
US President Trump held separate calls with Russian President Putin and Ukrainian President Zelenskyy on 6 July 2026, coinciding with Ukrainian strikes on Russian targets and a Russian barrage on Kyiv. A subsequent Trump-Zelenskyy meeting was announced for the NATO summit in Ankara, Turkey.
EasyJet accepts £5 billion Castlelake bid; oil falls on OPEC+ supply increase
An active overnight session dominated by the EasyJet takeover, OPEC+ output decision, China's missile test, and broad yen weakness.
Khamenei dies at 86 as US-Iran peace deal sends oil prices sharply lower
A geopolitically dense weekend dominated by Iran's leadership succession, a US-Iran peace agreement, Russian strikes on Kyiv, and a materially weak US jobs report.
Ukraine strikes 50+ Russian refineries; Brent crude declines sharply
Brent crude declined sharply after reports of Ukraine striking more than 50 Russian refining sites, causing fuel shortages across Russia. Russia's refiner subsidy payments surged sixfold year-over-year in June; Russia moved to import 200,000 barrels of jet fuel via South Korea.
US payrolls miss sharply at 57,000 as geopolitical risk dominated a turbulent week
A week shaped by a severe US jobs miss, escalating Russia-Ukraine strikes, Hormuz volatility, and broad Magnificent Seven losses erasing year-to-date gains.