Massive Oil Price Inflation: How $100 Crude Shocks The CPI

Trading chart showing WTI crude futures spiking 36 percent alongside rising inflation and CPI data projections.

West Texas Intermediate (WTI) crude futures spiked 36% in the first week of March 2026, marking the steepest weekly percentage gain since the contract’s inception in 1983. According to All Articles on Seeking Alpha, Brent and WTI futures briefly eclipsed $95 per barrel on weekend trading platforms, with Polymarket traders currently pricing a 90% probability … Read more