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Weekend Watch: Oil Holds Above $100 as Hormuz Traffic Stays Low

September 19, 2026

News summary: Reuters reported Friday settlements of $104.87/bbl for Brent and $100.30/bbl for WTI. Only four commodity vessels crossed Hormuz on Thursday, below the 10-day average of about 16, while uncertainty over Saudi supply routes continued.

Market context: With no new Saturday settlement, the practical watch remains confirmed vessel movement, Saudi pipeline recovery, insurer guidance and Monday offer validity.

Archive date: September 19, 2026

Source: Reuters