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Crude Oil WTI Feb '36 (CLG36)

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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 Mon, Dec 22nd, 2025.
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Crude Oil WTI Futures Market News and Commentary

Crude Oil Prices Higher on Oil Tanker Disruptions

January WTI crude oil (CLF26) on Monday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26) closed up +0.0340 (+1.99%).

Crude oil on Monday rallied on geopolitical risks in Venezuela and Ukraine-Russia.  Other bullish factors included the weaker dollar and the stronger stock market.  Crude prices had carry-over support from last Friday's news from Baker Hughes that active US oil rigs fell to a 4.25-year low, which implies reduced US crude oil production.  

The Venezuelan situation is supportive of crude prices.  President Trump last week ordered a "total and complete blockade of all sanctioned oil tankers" going into and leaving Venezuela.  The US Coast Guard on Saturday boarded the non-sanctioned Centuries tanker in the Caribbean.  Also, US forces are in pursuit of tanker Bella 1, which is on its way to Venezuela.  

Oil prices also have support after Ukraine hit a Russian shadow oil tanker in the Mediterranean Sea with drones for the first time.

Vort... Read more

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