WTI holds near $96 as Hormuz attacks rattle markets: Oct 17, 2026
WTI held near $96 and settled at $97.97, putting it on track for a weekly gain and its highest level since mid-September. The move came as Iran escalated attacks around Hormuz and Ukraine vowed to hit Russian refineries, adding a risk premium to oil prices.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the WTI page.
Headlines (9)
Carried over from earlier days
- WTI drops to near $93.10 on US sanction relief talk despite supply shock risksFXStreet
- Crude oil futures settle at $97.97. Highest level since mid- September.InvestingLive
- WTI hovers around $96.00 as Trump declines nuclear weapon use in IranFXStreet
- Oil Prices Head for Weekly Gain as Hormuz Attacks Rattle MarketsOilPrice.com
- WTI holds weekly gains near $96 amid risk premium to oil pricesFXStreet
- Brent crude oil tops $109 per barrel for first time since September 15TASS
- Brent oil touches $110 as Iran escalates Hormuz attacks, Ukraine vows to hit Russian refineriesCNBC
- Oil’s $110 rally puts producer cash flow and refining costs in focusoilandgas360.com
- Oil prices rise as Iran, proxies lash outogj.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, October 19 | ||
| New Home Prices m/m | CNY | |
| Fixed Asset Investment ytd/y | -7.3% | CNY |
| Retail Sales y/y | 0.5% | CNY |
| NBS Press Conference | CNY | |
| GDP q/y | 4.4% | CNY |
| Unemployment Rate | 5.3% | CNY |
| Industrial Production y/y | 5.4% | CNY |
| Median CPI y/y | 2.0% | CAD |