wti

Hyperliquid

2026-09-10 18:56:19

Hyperliquid oil shorts faced funding rates annualized at 500%

Hyperliquid’s oil perpetuals saw deeply negative funding rates on September 10, leaving short sellers effectively paying longs at an annualized rate of 500%, according to Protos. The exchange’s Brent and WTI contracts settle funding hourly, so traders on the crowded short side were sending payments directly to longs rather than receiving or paying a discretionary exchange subsidy. The setup came as oil prices surged, with crude back above $100 per barrel, up 6% on the day, 24% over 30 days, and 75% year to date in the report. Protos said Hyperliquid offers leverage of up to 20x on Brent oil, adding liquidation risk on top of funding costs. The report also noted that Hyperliquid News linked the unusually high funding rates to a monthly futures roll schedule between September 8 and September 14, while Protos argued such roll periods do not usually produce spikes of this magnitude. Earlier this year, ICE and CME had already asked Washington to police Hyperliquid’s anonymous oil books, warning that the venue could distort global pricing.

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Brent crude

2026-09-09 15:30:45

Brent tops $100 as Polymarket odds of WTI hitting $100 this month rise to 59%

Brent crude climbed to $101.09 on Wednesday morning, up 3.2% on the day and back above $100 for the first time in six weeks, while West Texas Intermediate (WTI) traded at $96.27. The move came as oil markets repriced after a series of military events in the region. Saudi officials said Houthi forces attacked Saudi oil facilities early Tuesday, injuring 73 people. On the same day, U.S. Central Command destroyed five Iranian oil tankers after striking three on Saturday, in response to an Iranian ballistic missile attack on a U.S. warship. Prediction markets moved with the rally. On Myriad, the market on whether crude will hit $120 before falling to $55 priced the $120 outcome at 56.5%, up 15.1 percentage points from early September, with trading volume reaching $12.7 million since March. Polymarket showed a 59% chance that WTI reaches $100 this month, up 9 points, and a 30% chance of $105, up 25 points. Odds of WTI falling to $85 this month dropped to 39%, down 33 points, while all levels below $85 were below 10%; the probability of $55 stood at 1%. U.S. diesel prices rose to $5.94 a gallon on Wednesday, and average gasoline prices were $4.22.

870

Oil

2026-09-09 15:15:01

Prediction markets swing toward higher oil prices as Brent tops $100

Brent crude rose to $101.09 on Wednesday morning, up 3.2% on the day and back above the $100 mark for the first time in six weeks, while West Texas Intermediate traded at $96.27. The move quickly fed through to prediction markets, where traders sharply repriced contracts tied to higher crude targets after a fresh round of geopolitical escalation. Saudi officials said Houthi rebels struck Saudi oil facilities early Tuesday, injuring 73 people. The same day, U.S. Central Command destroyed five Iranian oil tankers after hitting three more on Saturday, describing the strikes as a response to Iranian ballistic missile attacks on an American warship. On Myriad, odds that crude reaches $120 before falling to $55 climbed to 56.5%, while Polymarket traders pushed the probability of WTI touching $100 this month to 59%. Lower-price scenarios lost ground across the board, and diesel prices also moved higher, reaching a record $5.94 a gallon on Wednesday.

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Policy Regula

2026-09-09 05:38:04

Oil Nears $100 Again as Strategist Warns Fed Could Repeat a 2008-Style Policy Mistake

Oil prices moving back toward $100 a barrel are reviving concerns about how the Federal Reserve may read inflation pressure tied to energy. On Sept. 9, BlockBeats reported that Wellington Altus chief market strategist James Thorne warned the Fed could repeat a policy error seen before the 2008 financial crisis if it chooses to raise rates during an energy supply shock. His point was that higher energy costs do lift inflation, but they also erode household purchasing power and weigh on growth, making the policy trade-off harder than a simple demand-overheating story. Thorne said tighter financial conditions, if imposed to demonstrate the Fed’s resolve on inflation, could deepen downside risks for the economy instead of containing them cleanly. He drew a parallel with the period before the 2008 crisis, when the Fed paid too much attention to inflation risk from energy prices and underestimated the broader drag from high energy costs. Recent market moves add context. WTI crude has risen more than 20% over the past month, while Brent crude is up more than 18%. At the same time, a New York Fed survey showed a further deterioration in how U.S. consumers view their household finances, with the perceived probability of unemployment rising over the next year climbing to 44.4%, the highest level since April 2020. Investors are now watching U.S. August PPI and CPI data due this week, ahead of the Fed’s Sept. 15-16 policy meeting, after five straight decisions to leave rates unchanged.

1020

U.S.-Iran con

2026-09-09 00:10:36

Escalating U.S.-Iran conflict pushes Brent crude close to $100 intraday

A fresh flare-up between the United States and Iran sent oil prices sharply higher on Tuesday, with Brent crude futures rising to their highest level since late July and briefly nearing the $100-a-barrel mark. According to The Wall Street Journal, citing U.S. officials, American forces launched a new round of strikes on Iranian tankers after recent attacks by Tehran on U.S. naval assets in the Middle East. U.S. officials said five Iranian crude transport vessels were destroyed. The reported strikes followed two ballistic missile attacks over the previous two days by Iran’s Revolutionary Guard against a U.S. Navy warship. The vessel was said to have evaded both attacks and continued patrol operations in regional waters, with no U.S. casualties reported. Iran later warned all tankers anchored or docked in Kuwait and Bahrain to evacuate their crews, saying the ships would become targets. In a subsequent retaliatory move, Iranian missiles struck U.S. targets inside Jordan. Jordan said 20 ballistic missiles were fired at its territory. Against that backdrop, Brent settled near $98 a barrel and at one point approached $100 intraday, while WTI crude ended near $93, its highest level since early June.

960

whale

2026-09-08 05:36:25

Whale xm39 Adds $19.75M in Crude Oil Long Positions, Floating Profit $383K, While Prediction Market Bet on Iran Invasion Stays in Red

Whale xm39 increased its WTI crude oil long positions by 214,800 contracts on September 7, with a notional value of approximately $19.75 million, expanding its total long position to 386,200 contracts worth $35.885 million. The average entry price is $91.93, yielding a floating profit of $383,000. Meanwhile, xm39 holds 844,800 'US invades Iran by 2027' Yes shares on Polymarket, with an implied probability of 14.5%, down from an average cost of 18.53%, resulting in a floating loss of $34,100. Brown University estimates that U.S. consumers have incurred about $100 billion in additional gasoline and diesel costs due to the Iran conflict.

960

crude oil

2026-09-07 06:02:09

WTI Crude Oil Rises Over 2% to $91.07

Gate data shows WTI crude oil up over 2% to $91.07 per barrel, with Brent crude rising 1.9% to $96.27.

850

oil prices

2026-09-03 10:00:26

Oil Prices Extend Gains on September 3; WTI and Brent Both Up Over 1%

On September 3, oil prices continued to rise, with both WTI and Brent crude gaining over 1%. According to Bitget data, WTI crude traded at $90.01 per barrel, while Brent crude reached $95.26 per barrel.

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