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07/31/2026 | Press release | Distributed by Public on 07/31/2026 15:14

WTI Crude Oil futures rallied on Hormuz tensions.

WTI Crude Oil futures pushed higher amid heightened volatility, trading within a wide $5.50 intraday range. Market attention focused on elevated geopolitical tensions near the Strait of Hormuz and potential shipping disruptions, alongside a historical weekend effect that often introduces price uncertainty. After hitting weekly lows on Tuesday, prices recovered toward the upper end of the weekly range around $85.50, reflecting ongoing volatility across the energy complex.

CME Group Inc. published this content on July 31, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 31, 2026 at 21:15 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]

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