# More Oil Moves Through Hormuz, but Supply Still Looks Tight

> Brent futures rose to around $100 a barrel, building on September gains of about 8%, despite a recovery in Middle East oil flows through Hormuz. Dated Brent physical prices remained well above futures, at about $121 a barrel, indicating tight physical supply.

- Date: 2026-10-01 · published 2026-10-01T12:00:00.000Z
- Category: market · region Middle East · magnitude low
- Page: https://feedsoft.ai/events/9321-more-oil-moves-through-hormuz-but-supply-still-looks-tight
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A wide physical premium over futures signals tight near-term barrels, supporting diesel and energy costs for feed buyers even as Hormuz flows recover.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- wsj.com: https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-10-01-2026/card/more-oil-moves-through-hormuz-but-supply-still-looks-tight-KoinqtZrJ2VpcAboVIuL

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