CME2026-10-03 05:09:20CME pauses 24-hour crude futures launch and withdraws filing after industry pushbackChicago Mercantile Exchange (CME) has paused the launch of a 10-barrel crude oil futures contract designed for around-the-clock trading and has withdrawn the related filing, according to Techub News. The move followed opposition from industry participants. Market participants had raised concerns that thin weekend liquidity could distort West Texas Intermediate (WTI) crude pricing. They also said continuous trading could add pressure tied to weekend staffing, commercial hedging, and margin calls outside normal business hours. CME said the product had been intended to offer a U.S.-regulated alternative to 24-hour crude trading products already available through domestic prediction markets and offshore platforms. The item cited Wu Blockchain as the source.80
CME Group2026-10-03 05:22:07CME shelves 24/7 crude futures plan after pushback from market participantsCME Group has put on hold its plan to launch round-the-clock crude oil futures trading after facing opposition from parts of the industry, according to BlockBeats, citing Bloomberg. The exchange had been considering a 24/7 structure, but market participants raised concerns about how weekend trading could affect pricing and operations. Those concerns centered on the risk that thin weekend liquidity could distort West Texas Intermediate, or WTI, crude pricing. Participants also warned that continuous trading would add pressure on weekend staffing, commercial hedging activity, and margin calls outside normal business hours. In a statement issued on Friday, CME Chief Executive Terry Duffy said broad discussions with the market showed that key participants had widespread reservations. He said introducing round-the-clock energy trading without full due diligence could create unforeseen consequences and add risk to the market. The plan has now been shelved.70
CME2026-10-03 00:25:05CME shelves 24/7 oil futures plan after industry pushback and CFTC reviewCME Group has put on hold its plan to launch a round-the-clock crude oil futures contract that would have traded 24 hours a day, seven days a week. The proposed product was designed at one-tenth the size of the exchange’s existing Micro West Texas Intermediate, or Micro WTI, futures contract, with the aim of lowering the entry threshold and competing with similar offerings on offshore venues. The proposal ran into resistance on two fronts. The U.S. Commodity Futures Trading Commission began reviewing the broader impact of continuous trading, while energy companies and trading firms raised objections over weekend liquidity, price formation, staffing pressure, hedging complexity, and margin risks outside normal business hours. CME’s chief executive said moving ahead without deeper assessment could introduce unintended risks to the market. According to Bloomberg, the American Petroleum Institute and BP Plc were among the industry participants that conveyed reservations to regulators. CME had planned to position the contract as a safer and more transparent alternative under U.S. jurisdiction and CFTC oversight, at a time when demand for 24/7 oil products on offshore platforms had risen during Iran-related geopolitical tensions.70
United States2026-10-02 01:49:33Report says U.S. is sending a third carrier to the Middle East as Brent settles above $102Oil prices jumped on Oct. 1 after reports that the United States is moving a third aircraft carrier toward the Middle East. According to CNBC, citing The Wall Street Journal, Brent crude, the international benchmark, rose 4.4% to settle at $102.31 a barrel, while U.S. West Texas Intermediate futures gained 2.7% to close at $92.87. The report said U.S. officials expect the USS Theodore Roosevelt carrier strike group to arrive in the region by late November. The carrier left San Diego on Sunday on a scheduled deployment. Officials also said Marine Corps vessels and as many as 10,000 additional troops are being deployed on the same timeline. Two carriers, the USS George H.W. Bush and USS George Washington, are already operating in the Middle East. CNBC said the move could signal preparations for an escalation involving Iran. It also cited shipping security data showing that at least three tankers were attacked while transiting the Strait of Hormuz this week. The report added that fuel exports from the Middle East remain constrained, while attacks on Russian and Middle Eastern refining infrastructure are adding pressure to global fuel supply.100
crude oil2026-09-28 12:07:01U.S. crude and Brent both drop about $1 in a short-term moveU.S. crude oil and Brent crude both saw a sharp intraday move lower, with each falling by about $1, according to data cited by Odaily from Gate. The latest quoted prices were $93.92 per barrel for U.S. crude and $99.82 per barrel for Brent. The item was published as a 7x24 news flash by Odaily. No additional market context or cause for the move was provided in the source. The report focused only on the immediate price change and the latest levels for the two oil benchmarks.300
crude oil2026-09-28 05:45:00WTI and Brent crude both rise more than 2% intradayWTI and Brent crude both posted intraday gains of more than 2.00% on Sept. 28, according to market data from Bitget. WTI crude was quoted at $93.18 per barrel, while Brent crude was quoted at $99.38 per barrel. The update was published by BlockBeats under the market analysis category. No additional details were provided in the source beyond the quoted prices and the size of the intraday move. The report reflects a brief market snapshot rather than a longer analysis piece, with pricing data cited directly from Bitget.290
crude oil2026-09-28 05:55:58Gate data shows WTI and Brent crude both up more than 2% intradayChainCatcher reported, citing market data from Gate, that both major crude benchmarks posted intraday gains of more than 2.00%. West Texas Intermediate, or WTI, was quoted at $93.18 per barrel, while Brent crude was quoted at $99.38 per barrel. The update was published as a market analysis brief. No additional context or drivers for the move were provided in the source item, which focused only on the latest quoted prices and the size of the intraday increase.300
oil prices2026-09-22 10:05:05Oil prices fall, with WTI slipping below $89 a barrelInternational oil prices moved lower on Sept. 22, according to market data cited by BlockBeats from Bitget. West Texas Intermediate, or WTI, fell back below $89 per barrel, down 2.88% on the day. Brent crude also dropped more than 2% and was quoted at $94.45 per barrel. The move came alongside two developments highlighted in the report. One said Saudi Arabia was preparing to resume crude exports from Yanbu later on Tuesday. Another involved comments from an Iranian official, who said the Iranian delegation had been given full authority to push for the restoration of diplomatic contact with the United States in New York. The report did not provide more detail beyond those market levels and statements, but it tied the day’s oil-price weakness to the latest supply and diplomatic headlines being watched by the market.510
