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Crude Oil WTI Mar '16 (CLH16)

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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 Wed, May 27th, 2020.
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Crude Oil WTI Futures Market News and Commentary

WTI Crude Oil Settles at a 2-1/2 Month High on Slower Global Crude Output and Economic Optimism

Jul WTI crude oil (CLN20) on Tuesday closed up +1.10 (+3.31%) at $34.35, Jul Brent crude oil (CBN20) closed up +0.64 (+1.86%) at $36.17, and Jul RBOB gasoline (RBN20) closed up +0.0130 (+1.24%).

The energy complex on Tuesday moved higher with WTI crude at a 2-1/2 month high. Crude oil prices are seeing support from reduced global oil production, a weaker dollar, and improved global economic optimism.

Crude prices jumped Tuesday morning on comments from Russian Energy Minister Novak who said that the global oil market may be in balance in June-July as crude producers around the world have cut the global oil supply by 14-15 million bpd.

The energy complex was underpinned Tuesday by a rally in stocks that bolsters optimism in the economic outlook and energy demand. The S&P 500 climbed to a 2-1/2 month high Tuesday on the prospects of economies reopening from coronavirus lockdowns. Japan ended its state of emergency everywhere in the country. Deutsche Presse-Agentur... Read more

  • The Bulls Roar

    The day after a major holiday and the market roars. Will that continue today? Read on to learn more...

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    Natural Gas is one of the last commodity holdouts!

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    Actionable trading ideas in ES, NQ, Crude, Gold and more

  • Unlocking The Potential. The Energy Report 05/26/2020

    The crude oil market is having its best month percentage wise in history as we start to unlock the global economy. Oil demand is coming [...]

  • WTI Crude oil Tuesday forecast May 26

    The uptrend may be expected to continue in case the market rises above resistance level 34.65, which will be followed by reaching resistance level 36.30...

  • Mixed Market into the Holiday

    The markets traded MIxed last Friday prior to the Memorial Day holiday. Will this change today? Read on to learn more....

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