# CME: WTI Crude Oil futures hit 14-session low on supply risks.

> WTI futures dropped to a 14-session low of $93.59 before recovering most of the decline after a U.S. strike near the Strait of Hormuz. Global inventories have fallen nearly 1 billion barrels since February, and analysts expect an EIA report to show a 2 million barrel build.

- Date: 2026-11-03 · published 2026-11-04T00:10:30.552Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/78571-cme-wti-crude-oil-futures-hit-14-session-low-on-supply-risks
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Falling global inventories support prices, while an expected EIA build could cap gains and signal easing physical tightness for energy costs.

## Read by commodity

- WTI: neutral

## Sources

- marketscreener.com: https://www.marketscreener.com/news/cme-wti-crude-oil-futures-hit-14-session-low-on-supply-risks-ce785fdedc80f625

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