commodity · WEEKEND MARK
CL
WTI Crude
100.30-1.61 -1.58%$/bbl
Open
102.10
High
103.40
Low
99.85
Prior
101.91
YTD +77.8%
GEO
Geopolitical overlay
Strait of Hormuz — tanker risk still the oil tape
Oil is the inflation impulse; Hormuz is the supply impulse. They are the same trade until a verified transit window exists. Watch Brent-WTI, crack spreads, and tanker AIS — not the peace headline.
Houthi-Saudi infrastructure — China steps in as messenger
This is why crude reversed off the highs Friday. It is not a green light for energy shorts — it is a ceiling on the left-tail of Saudi barrels, not Hormuz barrels.
HEADLINES
Related wire
- 18 Sep 16:28 ETS&P 500 closes 7,650.50; 10-year pins 4.998%; WTI $100.30