Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Stocks | Futures | Watchlist | More
or

Crude Oil WTI May '24 (CLK24)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYMEX]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Crude Oil WTI Futures Market News and Commentary

Economic Concerns Undercut Crude Prices

July WTI crude oil (CLN24) Friday closed down -0.92 (-1.18%), and July RBOB gasoline (RBN24) closed up +1.39 (+0.58%).

Crude oil prices Friday were undercut by demand concerns after the slightly weaker-than-expected US personal spending report.  Crude oil prices were also undercut by weakness in the US stock market, which undercut the economic outlook. Crude oil prices saw carry-over weakness from Thursday's weekly EIA report, which showed an unexpected build in US oil inventories.  Crude oil prices had some underlying support from Friday's weakness in the dollar.

Crude oil prices Friday were  undercut after President Biden said that Israel this week offered a new cease-fire proposal to Hamas.

April US personal spending rose +0.2% m/m, down from March’s revised +0.7% (preliminary +0.8%) and slightly weaker than market expectations of +0.3%.  April real personal spending fell -0.1% m/m, weaker than expectations of +0.1%.  

The markets are expecting OPEC+ at it... Read more

Contract Specifications

See More
Contract
Crude Oil West Texas Intermediate
Contract Size
1,000 U.S. barrels (42,000 gallons)
Tick Size
1 cent per barrel ($10.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) (RTH 8:00a.m. - 1:30p.m.) (Settles 1:30p.m.) CST
Exchange
NYMEX
Point Value
$1,000
Margin/Maintenance
$6,592/5,993
First Notice Date
04/24/24
Expiration Date
04/22/24 (expired)

Seasonal Chart

Crude Oil WTI May '24
Average Price Chart for 5 Prior May Contracts

Commitment of Traders Positions as of May 28, 2024

View Chart Details
Commercials - Long / Short
698,055 (+16,190)
976,929 (+28,638)
Non-Commercials - Long / Short
344,619 (+12,267)
100,693 (-12,359)
Producers - Long / Short
562,019 (+14,865)
472,761 (+30,038)
Swap Dealers - Long / Short
41,448 (-3,676)
409,580 (-6,401)
Managed Money - Long / Short
233,415 (+17,730)
37,230 (-16,908)
Other Reportables - Long / Short
111,204 (-5,463)
63,463 (+4,549)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
80.55 +2.86%
on 03/27/24
87.67 -5.50%
on 04/12/24
+2.22 (+2.75%)
since 03/22/24
3-Month
71.52 +15.84%
on 02/05/24
87.67 -5.50%
on 04/12/24
+8.31 (+11.15%)
since 01/22/24
52-Week
65.18 +27.11%
on 06/12/23
87.67 -5.50%
on 04/12/24
+9.67 (+13.21%)
since 04/21/23

More Crude Oil WTI Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Weakening El Niño, natural gas, and grain price action

Jim's video explains why grain and natural gas prices have recently collapsed again

NGN24 : 2.587s (+0.58%)
TGN24 : 34.223s (-3.20%)
UNG : 17.59 (+0.17%)
BOIL : 16.21 (+0.56%)
KOLD : 53.62 (-0.54%)
ZSU24 : 1184-4s (-0.40%)
SOYB : 25.27 (-0.08%)
ZCU24 : 454-0s (-0.82%)
CORN : 19.90 (-0.90%)
ZWU24 : 699-4s (-0.43%)
KEN24 : 708-6s (-0.11%)
WEAT : 6.32 (+0.16%)
Nat-Gas Prices Recover Mildly After the Week's Plunge

July Nymex natural gas (NGN24 ) on Friday closed up +0.015 (+0.58%). July nat-gas prices Friday saw a modest recovery after the sharp declines of -5.63% on Wednesday and -3.53% on Thursday. The near-term...

NGN24 : 2.587s (+0.58%)
Is Wall Street Bullish or Bearish on Exxon Mobil Stock?

Exxon Mobil has underperformed the broader market over the past year, but Wall Street analysts are moderately optimistic about the stock’s prospects.

XOM : 117.26 (+2.87%)
$SPX : 5,277.51 (+0.80%)
IYE : 49.15 (+2.48%)
Economic Concerns Undercut Crude Prices

July WTI crude oil (CLN24 ) Friday closed down -0.92 (-1.18%), and July RBOB gasoline (RBN24 ) closed up +1.39 (+0.58%). Crude oil prices Friday were undercut by demand concerns after the slightly weaker-than-expected...

CLN24 : 76.99s (-1.18%)
RBN24 : 2.4174s (+0.58%)
Are Wall Street Analysts Predicting PPL Corporation Stock Will Climb or Sink?

While PPL Corporation has underperformed the broader market over the past year, Wall Street analysts remain cautiously optimistic about the stock’s outlook.

PPL : 29.33 (+2.70%)
$SPX : 5,277.51 (+0.80%)
XLU : 72.72 (+1.76%)
MS : 97.84 (+0.63%)
Economic Concerns Undercut Crude Prices

July WTI crude oil (CLN24 ) today is down -0.79 (-1.01%), and July RBOB gasoline (RBN24 ) is up +0.61 Z(+0.25%). Crude oil prices today are being undercut by demand concerns after the slightly weaker-than-expected...

CLN24 : 76.99s (-1.18%)
RBN24 : 2.4174s (+0.58%)
Economic Concerns Undercut Crude Prices

July WTI crude oil (CLN24 ) Thursday closed down -1.32 (-1.67%), and July RBOB gasoline (RBN24 ) closed down -5.64 (-2.29%). Crude oil and gasoline prices Thursday closed moderately lower. Concern that...

CLN24 : 76.99s (-1.18%)
RBN24 : 2.4174s (+0.58%)
Nat-Gas Prices Retreat as Weekly EIA Inventories Climb More Than Expected

July Nymex natural gas (NGN24 ) on Thursday closed down -0.094 (-3.53%). July nat-gas prices Thursday dropped to a 2-week low and closed moderately lower after weekly nat-gas inventories rose more than...

NGN24 : 2.587s (+0.58%)
Why Did Natural Gas Rally at the Start of the Offseason for Demand?

The end of the natural gas futures market’s annual withdrawal season, when natural gas begins flowing into storage across the U.S., is typically when prices decline to seasonal lows. However, 2024 is...

NGM24 : 2.493s (-3.75%)
Crude Prices Weighed Down by Energy Demand Concerns

July WTI crude oil (CLN24 ) today is down -0.80 (-1.01%), and July RBOB gasoline (RBN24 ) is down -3.53 (-1.44%). Crude oil and gasoline prices today are moderately lower. Concern that interest rates...

CLN24 : 76.99s (-1.18%)
RBN24 : 2.4174s (+0.58%)

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Weak Signal Strength.

Key Turning Points

3rd Resistance Point 85.25
2nd Resistance Point 84.37
1st Resistance Point 83.61
Last Price 82.85s
1st Support Level 81.97
2nd Support Level 81.09
3rd Support Level 80.33

See More

52-Week High 87.67
Last Price 82.85s
Fibonacci 61.8% 79.08
Fibonacci 50% 76.43
Fibonacci 38.2% 73.77
52-Week Low 65.18

See More

Solutions for Energy Professionals barchart.com/cmdty
Energy Data and Statistics
Explore Data
cmdtyView Pro for Commodity Professionals
Start Free Trial
We help Energy Professionals make better decisions
Learn Now
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar