Crude Oil (WTI)

Bullish

Archived analysis from Sep 15, 2026, 8:42 PM

Key insight

$100 round number now acting as support; Hormuz blockage risk + Saudi pipeline shutdown leave 105–110 corridor as next contested zone. Hawkish Fed is the lone structural headwind.

Holds $100 psychological floor; Saudi East-West Pipeline offline + Hormuz supertanker strikes push supply-risk premium to multi-month highs at $101.81.

Main risk

Fed rate hike – Sep/Oct FOMC

57% market-implied probability of 25bp hike; stronger USD caps dollar-denominated oil above $105.

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