# Oil hits highest since July 2015; producers say market rebalancing - Canadian Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow

> Oil prices soared more than 3 percent on September 25, with Brent at its highest since July 2015 and WTI at its highest since April. Producers said the market was rebalancing, and Turkey threatened to cut flows from Iraq's Kurdistan region.

- Date: 2017-09-01 · published 2017-09-01T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/69126-oil-hits-highest-since-july-2015-producers-say-market-rebalancing-canadian
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A sharp crude rally raises diesel and energy costs across the feed chain and can pull biofuel-linked oilseed and corn prices higher.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2019-08-09 | [Oil Jumps Most in Month as Saudi Action Outweighs Demand Worries - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/57751-oil-jumps-most-in-month-as-saudi-action-outweighs-demand-worries-energy-news.md) | +3.6% | +7.1% |
| WTI | 2018-08-31 | [Now you see it, now you don't: oil surplus vanishes ahead of Iran deadline - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/63709-now-you-see-it-now-you-don-t-oil-surplus-vanishes-ahead-of-iran-deadline-energy.md) | -3.6% | +4.2% |
| WTI | 2026-03-06 | [Iran conflict boosts US Gulf oil prices to highest since 2020 \| Reuters](https://feedsoft.ai/events/5575-iran-conflict-boosts-us-gulf-oil-prices-to-highest-since-2020-reuters.md) | +18.2% | +39.2% |
| WTI | 2026-03-03 | [Oil prices jump nearly 5%, settle at highest since January 2025 on Middle East conflict \| Reuters](https://feedsoft.ai/events/5229-oil-prices-jump-nearly-5-settle-at-highest-since-january-2025-on-middle-east.md) | +33.1% | +46.3% |
| WTI | 2018-06-28 | [Oil prices climb, with U.S. benchmark holding at highest since 2014 - MarketWatch](https://feedsoft.ai/events/64718-oil-prices-climb-with-u-s-benchmark-holding-at-highest-since-2014-marketwatch.md) | -3.7% | -6.5% |
| BRENT | 2019-08-09 | [Oil Jumps Most in Month as Saudi Action Outweighs Demand Worries - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/57751-oil-jumps-most-in-month-as-saudi-action-outweighs-demand-worries-energy-news.md) | +1.7% | +8.8% |
| BRENT | 2019-02-11 | [Sanctions, OPEC cuts push Asia's sour crude oil prices above Brent - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/60780-sanctions-opec-cuts-push-asia-s-sour-crude-oil-prices-above-brent-energy-news.md) | +6.8% | +6.4% |
| BRENT | 2018-08-31 | [Now you see it, now you don't: oil surplus vanishes ahead of Iran deadline - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/63709-now-you-see-it-now-you-don-t-oil-surplus-vanishes-ahead-of-iran-deadline-energy.md) | -1.7% | +5.5% |

## Sources

- energynow.ca: https://energynow.ca/2017/09/oil-hits-highest-since-july-2015-producers-say-market-rebalancing/

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