RADARSIGNAL360
DATA SNAPSHOT · SOURCEDCA
ESC
ENERGY · FLOW SYSTEM
Crude Oil
CL / GLOBAL PHYSICALSupply routes tight · US system running hot
WTI outcome anchored to physical supply, refining, stocks, trade and demand
WTI CUSHING SPOT04 SEP 2026
$92.69USD / BBL
+9.6% 1 WEEK · +$8.12
BULLISHELEVATED STRESS
01
Global physical flow
VIEW
CALIBRATING PHYSICAL GEOGRAPHY…
OBSERVATION REPLAYWIDTH = THROUGHPUT · SPEED = RELATIVE FLOW · BREAKS = CONSTRICTIONLatest sourced state, not vessel tracking
DOMINANT PRESSUREPhysical forces converge bullish
Hormuz throughput fell from 21.6 to 4.9m b/d; refinery utilization amplifies the supply-side constraint.
production refining storage chokepointSTATIC ROUTE = INSUFFICIENT CURRENT RATE DATA
07
Price repricing
1M1Y5Y
05 SEP 2025$62.2228 AUG 2026$84.5704 SEP 2026$92.69
Middle East export constraints are repricing crude while US refineries run at 97.8%. Commercial stocks are flat to the five-year norm, so the pressure is in flow and processing rather than inventory scarcity.