Commodities

WTI Crude Oil Holds Near $99 After 7-Day Surge of Nearly 7%

West Texas Intermediate crude extended its multi-week rally on September 16, 2026, trading at $99.27 after a sharp 30-day climb of more than 21%.

By Love Wallet · September 16, 2026

WTI Crude Oil Holds Near $99 After 7-Day Surge of Nearly 7%
Price
$99.27
24h
+0.35%
1 week
+6.79%
1 month
+21.37%

West Texas Intermediate crude oil settled at $99.27 on September 16, 2026, adding 0.35% over the prior 24 hours. The modest daily gain extended a broader upward trend that has taken hold across recent weeks.

Over the past seven days, WTI has risen 6.79%, reflecting sustained buying pressure in the crude market. The move builds on an even steeper 30-day advance of 21.37%, marking one of the more pronounced medium-term moves for the benchmark contract.

The 30-day gain brings WTI within reach of the $100-per-barrel threshold, a psychologically significant level for global energy markets. The pace of the advance over the past month has been notably broad-based, with momentum carrying through on both shorter and longer timeframes.

Market capitalization data was not available for the commodity. Crude oil prices are subject to a range of supply, demand, and geopolitical factors that can shift conditions rapidly.

Market data is provided for informational purposes only and may be delayed. Nothing in this article is financial advice.

Track Crude Oil (WTI) and your whole portfolio with Love Wallet.

Get started free