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 Aug '19 (CLQ19)

Get Barchart Premier
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYMEX]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
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

Energy Complex Closes Higher after Attack on Saudi Oil Field and as Trade Tensions Ease

Oct WTI crude oil (CLU19) on Monday closed up by +1.33 (+2.437%), Oct Brent crude oil (CBV19) closed up by +1.10 (+1.88%), and Oct RBOB gasoline (RBU19) closed up by +0.0085 (+0.56%). The energy complex on Monday moved higher on an attack on a Saudi Arabian oil field and on reduced U.S./China trade tensions. Yemeni rebels launched a drone attack Monday on the Shaybah oil field in Saudi Arabia, although oil operations were not affected. U.S./China trade tensions eased on Monday, which fueled rallies in stock and commodity markets, after U.S. Commerce Secretary Ross said today that China's Huawei Technologies has been granted a 90-day extension to do business in the U.S. Also, White House economic director Kudlow on Sunday said that recent phone calls between U.S. and Chinese trade negotiators had been "positive." Another positive factor for crude prices is the outlook for fiscal stimulus from Germany, Europe's biggest economy, after a report Monday said the German government is preparing stimulus measures as a contingency for a recession and after German Finance Minister Scholz said Germany could spend an extra 50 billion euros ($55 billion) as fiscal stimulus. Tensions between Iran and the U.S. remain high, which is supportive for crude prices, after Iran on Monday warned the U.S. today against seizing its oil tanker that was released by Gibraltar Sunday night. That tanker had been seized by UK special forces in early July and had been impounded in Gibraltar on suspicion of carrying oil to Syria in violation of U.S. sanctions. The markets will now be watching to see if Iran releases the U.K.-flagged tanker that it seized in retaliation for the U.K.'s seizure of the Iranian tanker. Crude oil prices also have support on expectations for Wednesday's weekly EIA crude inventories to fall -1.5 million bbl. A bearish factor for crude was Monday's monthly report from the Bundesbank that warned Germany could be about to fall into recession as it said German output will remain "lackluster" in Q3 and "could continue to fall slightly." Q2 German GDP was reported at -0.1% q/q and another negative figure in Q3 would be the start of a technical recession in Germany, Europe's largest economy. The crack spread on Monday tumbled to a 6-month low, which is negative for crude prices since the low refining profit margin discourages refiners from purchasing crude oil to refine into gasoline. Last Wednesday's EIA data showed that U.S. crude oil inventories as of Aug 9 were +3.4% above the seasonal 5-year average, gasoline inventories were +3.6% above the 5-year average, and distillate inventories were -3.1% below the 5-year average. U.S. crude production was unchanged at 12.3 million bpd in the week of Aug 9, which was just slightly below May's record high of 12.4 million bpd.

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
$4,015/3,650
First Notice Date
07/24/19
Expiration Date
07/22/19 (expired)

Seasonal Chart

Crude Oil WTI Aug '19
Average Price Chart for 5 Prior Aug Contracts

Commitment of Traders Positions as of Aug 13, 2019

View Chart Details
Commercials - Long / Short
715,157 (-45,637)
1,086,691 (-48,192)
Non-Commercials - Long / Short
547,040 (+6,116)
164,896 (-387)
Producers - Long / Short
403,077 (-40,596)
382,808 (-27,413)
Swap Dealers - Long / Short
138,885 (+5,347)
530,688 (-10,391)
Managed Money - Long / Short
277,969 (+13,033)
67,580 (-18,707)
Other Reportables - Long / Short
269,071 (-6,917)
97,316 (+18,320)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
54.72 +2.74%
on 07/18/19
60.94 -7.75%
on 07/11/19
-1.21 (-2.11%)
since 06/21/19
3-Month
50.79 +10.69%
on 06/05/19
66.22 -15.10%
on 04/23/19
-9.15 (-14.00%)
since 04/22/19
52-Week
44.46 +26.45%
on 12/24/18
74.86 -24.90%
on 10/03/18
-6.95 (-11.00%)
since 07/20/18

More Crude Oil WTI Quotes

All Futures
Please wait...

Most Recent Stories

More News
Natural Gas Prices Rally on Sweltering Heat Along the East Coast

Sep Nymex natural gas (NGU19) on Monday closed up by +0.010 (+0.45%). Nat-gas prices closed higher Monday on sweltering temperatures along the U.S. East Coast, which will spur nat-gas demand for utilities...

Energy Complex Closes Higher after Attack on Saudi Oil Field and as Trade Tensions Ease

Oct WTI crude oil (CLU19) on Monday closed up by +1.33 (+2.437%), Oct Brent crude oil (CBV19) closed up by +1.10 (+1.88%), and Oct RBOB gasoline (RBU19) closed up by +0.0085 (+0.56%). The energy complex...

30 Year Bonds Outlook and Daily Chat & Futures Trading Levels

30 Year Bonds Outlook and Daily Chat & Futures Trading Levels

Midday Market Minute

Stocks are on the move higher for the third day in a row. Crude Oil is also seeing a strong wave of buying coming out of the weekend. Given the better risk-environment, Gold is moving a bit lower. Lets...

Energy Complex Climbs after a Saudi Oil Field is Attacked and as Trade Tensions Ease

Oct WTI crude oil (CLU19) this morning is up by +0.64 (+1.17%), Oct Brent crude oil (CBV19) is up by +0.54 (+0.82%), and Oct RBOB gasoline (RBU19) is up by +0.0057 (+0.37%). The energy complex is higher...

Natural Gas Falls on Forecasts for Cooler U.S. Temps in Late-August

Sep Nymex natural gas (NGU19) this morning is down by -0.030 (-1.36%). Nat-gas prices today are lower for a second session on forecasts that above-normal temperatures in the U.S. will retreat by the end...

Trading the Noise - Blue Line Morning Express

ES, NQ, Crude, Gold. Actionable research out early each morning to brokerage clients with full technicals.

Wake Me Up When the Recession is Over. The Energy Report 08/19/19

Wake me up when the recession is over. Wait, did I sleep through it? What happened to the inverted yield curve fears and all of [...]

Markets Stage a Comeback

On Friday the markets staged a comeback with the Dow rising by triple digits. Will this continue today? Read on to learn more...

Natural Gas Charts Showing Planetary Angle Lines, Time Cycles & Price Targets

Below is a daily Decembernatural gas chart showing planetary angle lines. I used a price per degree of .0082. Saturn is support at 2.366. Neptune crosses at 2.855 and is resistance. Uranus crosses at3.233...

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 56% Sell with a Weakest short term outlook on maintaining the current direction.

Longer term, the trend strength is Average. Long term indicators fully support a continuation of the trend.

The market is approaching oversold territory. Be watchful of a trend reversal.

See More Share

Key Turning Points

2nd Resistance Point 57.38
1st Resistance Point 56.80
Last Price 56.22s
1st Support Level 55.68
2nd Support Level 55.14

See More

52-Week High 74.86
Fibonacci 61.8% 63.25
Fibonacci 50% 59.66
Last Price 56.22s
Fibonacci 38.2% 56.07
52-Week Low 44.46

See More

InsideFutures Commentary

InsideFutures is a twice weekly newsletter that features a selection of the latest and best commodities commentary appearing on Barchart.com. Delivered every Wednesday and Friday morning to your inbox.

Want to use this as
your default charts setting?
Learn about our Custom Templates
Switch the Market flag
above for targeted data.
Open the menu and switch the
Market flag for targeted data.
Get Streaming Chart Updates
Switch your Site Preferences
to Interactive Chart
Read About Upcoming
Changes to This Feature
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar