WTI news for September 18, 2026
WTI has fallen for a third day to trade below $100, holding near $95 to $97.50. The decline follows hopes for higher Saudi crude supply as Saudi Arabia moves to restore a vital pipeline and alternative routes recover. U.S. stocks shrinking less than expected has also eased near-term supply concerns.
How the day unfolded
WTI traded above $100, pushing U.S. fuel prices to new records and putting rising energy prices back at the center of global markets. Prices then pulled back to below $97.50 as U.S. inventories rose by more than expected while crude production hit a record high. The move also followed Saudi Arabia's efforts to restore a vital pipeline, with focus on alternative oil routes from Yanbu to Sohar.
WTI traded above $100, pushing U.S. fuel prices to new records and putting rising energy prices back at the center of global markets. Prices have since pulled back and remained below $97.50 as U.S. crude production hit a record high, U.S. inventories rose or shrank less than expected with SPR and Cushing levels in focus, and Saudi Arabia moved to restore a vital pipeline alongside alternative routes from Yanbu to Sohar.
WTI traded above $100, pushing U.S. fuel prices to new records and putting rising energy prices back at the center of global markets. Prices have since pulled back to below $97.50 as U.S. crude production hit a record high and U.S. inventories rose, with stocks shrinking less than expected, while Saudi Arabia moved to restore a vital pipeline and alternative routes recovered.
WTI slipped below $100 for a third day of declines to levels near $95 on hopes of higher Saudi crude supply and easing supply concerns amid ongoing diplomatic efforts. The price level matters because oil above $100 has pushed U.S. fuel prices to new records and put energy back at the center of global markets, while attention remains on record-high crude production, low levels at the SPR and Cushing, and Saudi Arabia's alternative oil routes.
WTI has fallen for a third day to below $100 and near $95 amid hopes for higher Saudi crude supply, easing supply concerns and ongoing diplomatic efforts. Record-high U.S. crude production is in focus with SPR and Cushing inventories described as near tank bottoms, while prices above $100 have pushed U.S. fuel prices to new records and put energy back at the center of global markets, with attention on Saudi Arabia's alternative oil routes and strains in the market's backup plan.
WTI has slipped below $100 to levels near $95, falling for a third day as supply concerns eased. The decline follows hopes for higher Saudi crude supply, including moves to restore a vital pipeline and track alternative routes, alongside ongoing diplomatic efforts. The earlier move above $100 had pushed U.S. fuel prices to new records and put rising energy prices back at the center of global markets.
WTI slipped below $100 for a third day of declines to levels near $95 amid easing supply concerns and ongoing diplomatic efforts. The move follows hopes for higher Saudi crude supply as Saudi Arabia moves to restore a vital pipeline and uses alternative routes from Yanbu to Sohar, after a period above $100 that pushed U.S. fuel prices to new records and put energy prices back at the center of global markets.
Headlines (13)
- Oil Pulls Back as US Inventories Risewww.hellenicshippingnews.com · Sep 16, 10:03 UTC
- This Will Ignite A Historic And Terrifying Stock Market Crashkingworldnews.com · Sep 16, 13:22 UTC
- WTI Holds Losses As Crude Production Hits Record High, SPR/Cushing Near 'Tank Bottoms'www.zerohedge.com · Sep 16, 14:44 UTC
- Oil Above $100 Pushes U.S. Fuel Prices to New Recordsoilprice.com · Sep 16, 22:00 UTC
- WTI remains below $97.50 as Saudi routes recover, US stocks shrink less than expectedwww.fxstreet.com · Sep 17, 01:18 UTC
- Oil Above $100: Why Rising Energy Prices Are Back at the Center of Global Marketswww.investing.com · Sep 17, 06:35 UTC
- From Yanbu to Sohar: Tracking Saudi Arabia’s alternative oil routeswww.aljazeera.com · Sep 17, 10:12 UTC
- Oil Extends Drop as Saudi Arabia Moves to Restore Vital Pipelinegcaptain.com · Sep 17, 13:39 UTC
- Oil Prices Fall for Third Day as WTI Slips Below $100www.wsj.com · 08:41 UTC
- WTI Oil eases to levels near $95 on hopes of higher supply of Saudi Crudewww.fxstreet.com · 08:43 UTC
- Oil extends declines amid easing supply concerns, ongoing diplomatic effortswww.hellenicshippingnews.com · 10:02 UTC
- The Oil Market’s Backup Plan Is Breaking Downoilprice.com · 14:04 UTC
- Oil prices slip on technicals and easing of supplywww.ogj.com · 21:14 UTC
Scheduled events
As of 23:31 UTC
- 2026-09-18 — Foreign Direct Investment ytd/y · CNY
- 2026-09-21 — 5-y Loan Prime Rate · forecast 3.50% · CNY
- 2026-09-21 — 1-y Loan Prime Rate · forecast 3.00% · CNY
- 2026-09-21 — BOC Gov Macklem Speaks · CAD
- 2026-09-21 — Foreign Direct Investment ytd/y · CNY
- 2026-09-22 — NHPI m/m · CAD
- 2026-09-23 — Crude Oil Inventories · USD
- 2026-09-24 — Core Retail Sales m/m · forecast -0.5% · CAD
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