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Crude Oil WTI Jan '21 (CLF21)

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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 Tue, Jan 6th, 2026.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Crude Oil WTI Historical Prices page.

Crude Oil WTI Futures Market News and Commentary

Crude Prices Retreat on Dollar Strength and Energy Demand Concerns

February WTI crude oil (CLG26) on Tuesday closed down -1.19 (-2.04%), and February RBOB gasoline (RBG26) closed down -0.0194 (-1.13%).

Crude oil and gasoline prices gave up an early advance on Tuesday and sold off sharply as the dollar strengthened.  Crude prices also retreated amid concerns about energy demand, after Saudi Arabia cut the price of its Arab Light crude for February delivery to customers for a third month.  

Weakness in the crude crack spread is negative for oil prices.  The crack spread tumbled to an 11-month low on Tuesday, discouraging refiners from purchasing crude oil and refining it into gasoline and distillates.

Morgan Stanley predicted that a global oil market surplus is likely to expand further and peak mid-year, pressuring prices, as it cut its crude price forecast for Q1 to $57.50/bbl from a prior forecast of $60/bbl, and cut its Q2 crude price forecast to $55/bbl from $60/bbl.

Vortexa reported Monday that crude oil stored on tankers... Read more

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