wti

oil

2026-07-13 14:23:52

Oil prices jump intraday as WTI moves above $75 a barrel

Oil prices moved higher in short-term trading, with West Texas Intermediate crude rising above $75 a barrel, according to Gate data cited by Odaily. WTI was up 5.01% on the day, while Brent crude gained 5.00% to $79.74 a barrel. The move was also reflected in major oil-linked futures contracts, where SC crude rose 2.21% to 481.5 yuan per barrel. Low-sulfur fuel oil (LU) climbed 1.92% to 4,195 yuan per ton, fuel oil advanced 2.51% to 3,312 yuan per ton, and asphalt added 3.13% to 3,960 yuan per ton. On the news front, Trump announced the restoration of a blockade on Iran. The report was published by Odaily as a market analysis brief.

1240

WTI

2026-07-13 05:46:48

WTI tops $75 a barrel, up 4.88% on the day

WTI rose past $75 per barrel, with the contract up 4.88% on the day, according to market data cited by Odaily and sourced from Gate. The brief update was published as a 7x24 newsflash and did not include additional pricing context, trading range details, or other market metrics beyond the intraday gain and the move above the $75 level.

2030

oil

2026-07-09 00:10:14

Oil Jumps Over 5% as Renewed Middle East Hostilities Shake Energy Markets

Oil futures surged after renewed U.S.-Iran tensions around the Strait of Hormuz reignited supply concerns, sending WTI and Brent up more than 5% amid volatile ceasefire negotiations.

1840

oil prices

2026-07-08 23:32:15

Oil Price Whiplash: Iran Sets Up Persian Gulf Strait Authority, WTI Drops to $88.66 Then Surges Above $96

Oil prices swung wildly after Trump hinted at a peace deal with Iran, but Tehran quickly established a new Strait of Hormuz authority demanding fees, sending WTI from $88.66 to $96 and Brent above $103.

360

Iran blockade

2026-07-08 19:30:15

US Navy Blockades Iranian Ports in Strait of Hormuz, Oil Prices Surge Past $94 WTI and $100 Brent

The US Central Command imposed a blockade on all maritime traffic to and from Iranian ports on April 13, 2026, targeting Tehran's remaining oil export revenues of about 2 million barrels per day. WTI crude jumped 5% above $94, Brent returned to $100, and the Dow fell 246 points.

430

oil market

2026-07-08 16:36:14

Oil Rebounds Sharply as Iran’s New Hormuz Transit Authority Shakes Peace Hopes

Crude prices whipsawed after hopes of a US-Iran deal briefly sent futures lower, only for Iran’s reported new Hormuz transit authority and potential toll regime to reignite geopolitical risk and push oil sharply higher.

400

crude oil

2026-06-22 23:23:45

WTI Crude Drops Over 4% Below $74, Iran Commits to Open Hormuz Strait

On June 22, WTI crude fell below $74/barrel with a daily loss of 4.22%, and Brent crude dropped below $77/barrel with a decline of 3.91%. On the news front, Iran pledged during constructive Swiss talks to ensure free passage through the Strait of Hormuz and allow IAEA inspectors into the country, while the U.S. Treasury issued a 60-day temporary license authorizing Iranian oil production, delivery, and sales.

1280

Crude Oil

2026-06-03 07:46:20

International Crude Oil Rally Continues, Gate's Oil Contract Open Interest Among Industry Leaders

International crude oil prices continue to rise, with Gate.io's WTI and Brent crude oil contract open interest ranking among industry leaders. The platform's commodity perpetual contracts and unified account system enable flexible asset allocation.

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