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Crude Oil WTI Jan '14 (CLF14)

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Crude Oil WTI Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Crude Oil WTI prices and Crude Oil WTI futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Thu, Apr 2nd, 2026.
Latest price quotes as of [[ snapshotDate ]].
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Looking for expired contracts? Check out our Crude Oil WTI Historical Prices page.

Crude Oil WTI Futures Market News and Commentary

Crude Prices Soar as Iran War Keeps Strait of Hormuz Closed

May WTI crude oil (CLK26) on Thursday closed up +11.42 (+11.41%), and May RBOB gasoline (RBK26) closed up +0.1966 (+6.36%).  Crude oil and gasoline prices rallied sharply on Thursday, with crude posting a 3.5-week high.  Crude prices are soaring after President Trump pledged more aggressive action against Iran over the next two to three weeks and offered no concrete plans to reopen the Strait of Hormuz.  Crude prices briefly fell from their best levels after a report said Iran is drafting a protocol with Oman to monitor traffic through the Strait of Hormuz.

Crude price surged on Thursday after President Trump on Wednesday evening vowed to escalate the war in Iran over the coming weeks and offered no plan to reopen the Strait of Hormuz.  Without a resumption of flows through Hormuz, there's little sign that the pressure on oil markets will abate.

Crude prices fell briefly from their best level on Thursday before continuing higher after a report from Iran's state-run IRNA... Read more

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