Global Oil Market Weekly Highlights

FUTURES WEEKLY RECAPS
(2) Crude Oil Futures (Aug. 24-28, 2026) Slide on Softer US Sanctions, Diplomatic Progress, and Resilient Middle East Flows: WTI, Brent, and Murban
Crude oil futures experienced a volatile week, posting an overall decline as market concerns over US sanctions against Tehran eased and diplomatic efforts surrounding the Strait of Hormuz gained momentum.
August 29, 2026