# Traders stick with ECB rate-hike bets as oil touches $100 once more - AOL

> Traders kept bets on an ECB rate hike in September after Brent-linked crude touched $100 for the first time in nearly two months. Yemen's Houthis said they struck two Saudi oil tankers, widening disruption to shipping through the Red Sea and Strait of Hormuz.

- Date: 2026-07-23 · published 2026-07-23T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/18558-traders-stick-with-ecb-rate-hike-bets-as-oil-touches-100-once-more-aol
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Higher crude raises biofuel-linked demand support and freight and fertilizer costs for feed buyers, while the ECB hike outlook adds to euro strength.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-04-29 | [Canadian dollar steadies as oil lifts BoC rate hike bets - The Globe and Mail](https://feedsoft.ai/events/19934-canadian-dollar-steadies-as-oil-lifts-boc-rate-hike-bets-the-globe-and-mail.md) | +2.2% | -10.9% |
| WTI | 2023-05-28 | [Oil ticks up as markets weigh U.S. debt deal, rate hike possibility](https://feedsoft.ai/events/35844-oil-ticks-up-as-markets-weigh-u-s-debt-deal-rate-hike-possibility.md) | -0.4% | -6.6% |
| WTI | 2023-08-31 | [ForexLive European FX news wrap: Euro falls as ECB rate hike bets abate](https://feedsoft.ai/events/34810-forexlive-european-fx-news-wrap-euro-falls-as-ecb-rate-hike-bets-abate.md) | +6.4% | +12.3% |
| WTI | 2026-05-15 | [Dollar climbs for fifth straight day as Fed rate hike bets grow](https://feedsoft.ai/events/19469-dollar-climbs-for-fifth-straight-day-as-fed-rate-hike-bets-grow.md) | -4.4% | -15.6% |
| WTI | 2023-06-28 | [Nasdaq ends up, dollar strengthens as Powell hints at more rate hikes \| Reuters](https://feedsoft.ai/events/35413-nasdaq-ends-up-dollar-strengthens-as-powell-hints-at-more-rate-hikes-reuters.md) | +6.1% | +16.7% |
| BRENT | 2023-05-28 | [Oil ticks up as markets weigh U.S. debt deal, rate hike possibility](https://feedsoft.ai/events/35844-oil-ticks-up-as-markets-weigh-u-s-debt-deal-rate-hike-possibility.md) | +0.0% | -3.4% |
| BRENT | 2023-06-28 | [Nasdaq ends up, dollar strengthens as Powell hints at more rate hikes \| Reuters](https://feedsoft.ai/events/35413-nasdaq-ends-up-dollar-strengthens-as-powell-hints-at-more-rate-hikes-reuters.md) | +4.7% | +15.9% |
| BRENT | 2020-11-23 | [Oil Hits March High With Transition Stoking Rally Across Markets - Bloomberg](https://feedsoft.ai/events/50314-oil-hits-march-high-with-transition-stoking-rally-across-markets-bloomberg.md) | +7.1% | +17.7% |

## Sources

- aol.com: https://www.aol.com/articles/traders-stick-ecb-rate-hike-123944000.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.