US crude futures fall over $1 to $101.36 per barrel

US Crude Futures: US crude futures generally refer to West Texas Intermediate (WTI) crude oil contracts traded on U.S. exchanges such as NYMEX, used by producers, refiners, and investors to hedge and speculate on U.S. benchmark oil prices. In this news item, US crude futures are notable because their price has dropped more than one dollar to about $101 per barrel, reflecting a short‑term pullback in the benchmark despite recent trading around or above the $100 level. Market_volatility: Oil futures markets have shown notable intraday and weekly volatility in early September, with sharp rallies to multi‑month highs followed by pullbacks as traders reassess global growth risks and energy agency warnings about the impact of high prices on demand. Recent_price_trend: In the days leading up to this move, WTI crude futures had been trading near or above the $100 mark and posting weekly gains driven by tight supply conditions before experiencing a downside correction. Supply_and_demand_context: Analysts have recently attributed swings in US crude futures to concerns over restricted oil supply, changing demand expectations, and policy or geopolitical developments that have kept prices elevated while increasing volatility.