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Crude Oil Brent Jan '18 (CBF18)

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Crude Oil Brent Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Crude Oil Brent prices and Crude Oil Brent futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Tue, Mar 10th, 2026.
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Crude Oil Brent Futures Market News and Commentary

Crude Prices Plunge as President Trump Insists War Will End Soon

April WTI crude oil (CLJ26) is down -10.78 (-11.37%), and April RBOB gasoline (RBJ26) is down -0.1752 (-6.24%).  April WTI crude oil on Monday rallied to a 3.75-year nearest-futures high of $119.48 but has since fallen back to the $84-per-barrel area.

Crude oil prices spiked higher to $119.48 on Monday after Israel, on Saturday, bombed 30 Iranian oil depots.  However, oil prices have since fallen sharply as President Trump insists the Iran war will be over soon, and as plans are being laid for a possible coordinated G-7 release of oil stockpiles.  G-7 finance ministers on Monday said, "We stand ready to take necessary measures, including to support the global supply of energy such as stockpile release."  G-7 energy ministers met today to discuss a possible oil stockpile release.  Also, President Trump has raised the possibility of sanction waivers to allow the release of Russian oil in floating storage.

At a press conference Monday evening, President Trump was asked when... Read more

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