Markets · Commodity markets, September 15

Energy led today on escalating Strait of Hormuz risk

Tuesday, September 15, 2026. From GEO's evening brief, after the close.

WTI settled at $105.83/bbl, up 4.38%, and ULSD jumped 6.06% to $5.2620/gal as tanker rates hit fresh highs and the cost to ship US crude to Asia reached a record $44.8 million. Metals diverged, with gold off 0.44% to $4,332.80/oz on a locked-in Fed hike. Grains firmed while softs slid.

Written with AI from public sources, checked by code, reviewed by GEO. Not investment advice.