EPISODE · Apr 24, 2026 · 3 MIN
Crude Surges to $97 on Strait Closure, Gas Capitulates on Shoulder Season
from Energy Markets Daily · host EMD
Friday, April 24, 2026. WTI opens $92, surges to $97 (+$7.74 week). Inverted head and shoulders bullish setup. Strait of Hormuz near-zero traffic. Iran's "Tehran Tollbooth" demands $2M per vessel. Henry Hub $2.58 (-1.43%), down 11.52% monthly. Forward curve steep. Trade the data, not the headlines.
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Crude Surges to $97 on Strait Closure, Gas Capitulates on Shoulder Season
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