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Crude Oil WTI Mar '23 (CLH23)

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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, May 28th, 2024.
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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 Rally on Heightened Middle East Tensions

July WTI crude oil (CLN24) on Tuesday closed up +2.11 (+2.71%), and July RBOB gasoline (RBN24) closed up +3.22 (+1.30%).

Crude oil and gasoline prices Tuesday rallied, with crude climbing to a 1-week high.  Oil prices rallied on geopolitical risks in the Middle East that could lead to disruptions of crude supplies after an Egyptian soldier was killed in a clash with Israeli troops at a Gaza border crossing and after reports that Israeli tanks have reached the center of Rafah in Gaza.  

Tuesday's US economic news was mainly better than expected and was bullish for energy demand and crude prices.  The Conference Board May consumer confidence index unexpectedly rose +4.5 to 102.0, stronger than expectations of a decline to 96.0.  Also, the Mar S&P CoreLogic composite-20 home price index rose +7.38% y/y, stronger than expectations of +7.30% y/y and the biggest increase in 17 months.

Crude oil prices have underlying support from concern about the Hamas-Israel conflict.... Read more

  • Crude Prices Rally on Heightened Middle East Tensions

    July WTI crude oil (CLN24 ) on Tuesday closed up +2.11 (+2.71%), and July RBOB gasoline (RBN24 ) closed up +3.22 (+1.30%). Crude oil and gasoline prices...

  • Nat-Gas Prices Recover on Forecasts for Warmer US Temps

    June Nymex natural gas (NGM24 ) on Tuesday closed up +0.070 (+2.78%). June nat-gas prices Tuesday recovered from a 1-week low and closed moderately higher....

  • Is the Bottom Near in Crude Oil?

    Nearby crude oil prices are hovering around the crucial $80 per barrel level. Despite a bearish trend since the mid-April high, the energy commodity that...

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