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Crude Oil WTI Jan '28 (CLF28)

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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, Jan 8th, 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 Rallies on Stronger Energy Demand and Index Buying of Crude Futures

February WTI crude oil (CLG26) today is up +0.99 (+1.77%), and February RBOB gasoline (RBG26) is up +0.0435 (+2.57%).

Crude oil and gasoline prices are sharply higher after today's better-than-expected US economic news shows strength in energy demand.  Also, the upcoming annual rebalancing of commodity indexes will see buying of oil contracts, a bullish factor for crude.  On the negative side is today's rally in the dollar index to a 4-week high and the negative carryover from Wednesday, after the US lifted some sanctions on Venezuelan crude exports and President Trump said Venezuela's interim authorities agreed to give up as many as 50 million bbl of "high-quality sanctioned oil" to the US.  

Crude prices are moving higher today amid expectations of buying crude futures contracts for the annual rebalancing of commodity indexes.  Citigroup projects that the BCOM and S&P GSCI indexes, the two largest commodity indexes, will see inflows of $2.2 billion in futures contracts... Read more

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