COMMODITY
Crude oil futures end lower on Friday
Sep-12-2026

Crude oil futures ended lower on Friday amid expectations of a possible reopening of the Strait of Hormuz after reports indicated a possible meeting between Iran and the members of the Gulf Cooperation Council in the coming week to defuse the gulf crisis. 

Benchmark crude oil futures for October delivery fell by $2.43 or 2.37% to settle at $100.05 a barrel on the New York Mercantile Exchange. Brent crude for November delivery dropped by $3.02 or 2.81% to settle at $104.61 a barrel on the New York Mercantile Exchange. 


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