WTI crude September futures settle at $84.67 a barrel, up 1.29%

The contract gained $1.08 on the session, marking a daily rise in the U.S. oil benchmark’s front-month September futures.

Summary

WTI crude September futures settled at $84.67 per barrel, rising $1.08, or 1.29%, on the day. The move indicates a higher close for the U.S. oil benchmark’s September contract in the latest session.

Terms & Concepts
  • WTI crude: West Texas Intermediate, a key U.S. oil benchmark.
  • futures: Contracts to buy or sell an asset later at a set price.