# WTI edges higher above $64.50 amid supply concerns, potential US Fed rate cut

> FXStreet reports WTI crude traded near $64.60 a barrel, extending gains on the stalled Russia-Ukraine peace talks and Ukrainian drone strikes on Russian energy facilities, including a fire at the Ust-Luga export terminal. Trump renewed sanctions threats with a two-week deadline, and Powell's signal of a September cut also supported prices.

- Date: 2025-08-26 · published 2025-08-26T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/23253-wti-edges-higher-above-64-50-amid-supply-concerns-potential-us-fed-rate-cut
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Attacks on Russian export infrastructure and sanctions threats tighten crude supply expectations, raising diesel and energy costs for feed production and transport.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2023-02-13 | [Oil edges higher as market weighs Russian supply cuts amid demand fears \| Reuters](https://feedsoft.ai/events/37491-oil-edges-higher-as-market-weighs-russian-supply-cuts-amid-demand-fears-reuters.md) | -4.3% | -6.3% |
| WTI | 2024-04-26 | [Oil settles higher on supply concerns in the Mideast, economic woes subdue gains \| Reuters](https://feedsoft.ai/events/30632-oil-settles-higher-on-supply-concerns-in-the-mideast-economic-woes-subdue-gains.md) | -5.2% | -8.5% |
| WTI | 2026-03-04 | [Urea, DAP prices surge amid Gulf tensions and supply concerns - The HinduBusinessLine](https://feedsoft.ai/events/5102-urea-dap-prices-surge-amid-gulf-tensions-and-supply-concerns-the.md) | +12.2% | +37.4% |
| WTI | 2024-03-19 | [Oil rises to multi-month highs on Russian supply concerns](https://feedsoft.ai/events/31370-oil-rises-to-multi-month-highs-on-russian-supply-concerns.md) | -1.3% | +3.1% |
| WTI | 2026-03-02 | [Dollar (USD) Gains as Higher Oil Prices Damp Bets on Fed Rate Cuts - Bloomberg](https://feedsoft.ai/events/10711-dollar-usd-gains-as-higher-oil-prices-damp-bets-on-fed-rate-cuts-bloomberg.md) | +35.6% | +50.4% |
| BRENT | 2023-02-13 | [Oil edges higher as market weighs Russian supply cuts amid demand fears \| Reuters](https://feedsoft.ai/events/37491-oil-edges-higher-as-market-weighs-russian-supply-cuts-amid-demand-fears-reuters.md) | -4.0% | -3.9% |
| BRENT | 2024-04-26 | [Oil settles higher on supply concerns in the Mideast, economic woes subdue gains \| Reuters](https://feedsoft.ai/events/30632-oil-settles-higher-on-supply-concerns-in-the-mideast-economic-woes-subdue-gains.md) | -4.9% | -9.3% |
| BRENT | 2026-03-04 | [Urea, DAP prices surge amid Gulf tensions and supply concerns - The HinduBusinessLine](https://feedsoft.ai/events/5102-urea-dap-prices-surge-amid-gulf-tensions-and-supply-concerns-the.md) | +7.9% | +48.7% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/wti-edges-higher-above-6450-amid-supply-concerns-potential-us-fed-rate-cut-202508260003

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