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October WTI settled at $91.01 one day before resolution, so a September 3 settlement above $90.49 is likely.
October WTI enters the final session above the threshold after two strong settlements and a much larger-than-expected inventory draw. Recovering Persian Gulf exports and record U.S. production limit further upside, while the current $90.6066 price leaves little protection against a sharp reversal. Even with that substantial intraday risk, a settlement above $90.49 is likely.
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