Economy / 1 MIN READ
Futures data shows the benchmark contract traded no lower than $88 during the month, staying clear of the $85 level as geopolitical risks supported prices.
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Will WTI Crude Oil (WTI) hit (LOW) $85 in May?
West Texas Intermediate crude oil futures remained above $85 per barrel for the entirety of May 2026, with the lowest observed price near $88.03 on May 28, according to daily and snapshot pricing data from Barchart and the Federal Reserve Economic Data (FRED) series. That puts the $85 threshold out of reach with two days left in the contract month.
Energy-market analysts cited in an FX Daily Report analysis on May 28 noted that ongoing geopolitical tensions and supply disruptions have kept oil prices elevated. The International Energy Agency's Oil Market Report, released May 13, also pointed to these factors as supporting prices above earlier expectations.
The persistence of prices above $85 reflects the broad market context for crude this month. CME Group data continues to be the definitive source for final settlement, but Barchart and FRED snapshots show no daily close or intraday print at $85 or below.
The next real-world event to watch is the official CME settlement for the May 2026 contract, due at the end of the trading month. Any brief intraday dip below $85 remains theoretically possible but would depend on minute-level data from the exchange or the Pyth Network price feed, which has not been publicly confirmed.
Economy / 1 MIN READ
NewNo official count was published for the period, and no news surfaced of any unusual decrease in posting activity.