What will WTI Crude Oil (WTI) hit in August 2026?

This market centers on which price levels the active month WTI Crude Oil futures contract will reach before the close of trading on `August 31, 2026`, measuring the benchmark against a ladder of thresholds set both above and below its prevailing range. The end of August serves as a meaningful checkpoint for the world's most closely watched crude benchmark, capping a month in which OPEC+ production policy, U.S. Energy Information Administration inventory data, shipping disruption in the Strait of Hormuz, and geopolitical risk premiums across the Middle East have all pulled on the price. Traders are assessing the likelihood and timing of the official CME settlement price crossing each threshold, turning the remaining eligible trading days of the month into a set of clearly defined, order-based outcomes.