# CRUDE WRAP: WTI (Z6) futures settle USD 2.21 higher at 88.74/bbl; Brent (F7) settles USD 3.06 higher at 95.82/bbl

> WTI settled at $88.74 and Brent at $95.82 after a volatile session driven by Hormuz tanker strikes and Trump's comments that a deal with Iran is no longer needed. Weekly EIA data showed unexpected builds in crude, distillates and gasoline, with US crude output rising to 14.013 million bpd.

- Date: 2026-11-12 · published 2026-11-12T21:09:39.760Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/96495-crude-wrap-wti-z6-futures-settle-usd-2-21-higher-at-88-74-bbl-brent-f7-settles
- 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

The geopolitical premium is being partly offset by bearish US inventory builds, so crude may stay range-bound near current levels. Diesel and energy costs remain elevated for feed mill and freight operations.

## Read by commodity

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

## Sources

- newsquawk.com: https://www.newsquawk.com/headlines/crude-wrap-wti-z6-futures-settle-usd-221-higher-at-8874bbl-brent-f7-settles-usd-306-higher-at-9582bbl

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