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Crude Oil WTI Apr '20 (CLJ20)

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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, May 23rd, 2022.
Latest price quotes as of [[ snapshotDate ]].
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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 Rallies on Strong Demand and Tight Supplies

June WTI crude oil (CLM22) on Friday closed up +1.02 (+0.91%), and June RBOB gasoline (RBM22) closed up +0.53 (+0.14%).  

Crude oil and gasoline prices Friday closed higher.  Crude rose Friday after China boosted stimulus measures, which may bolster the economy and increase fuel demand.  Also, India in April imported the most crude oil in 3-1/2 years.  Crude prices fell back from their best levels after Friday afternoon's weekly data from Baker Hughes showed active U.S. rigs jumped to a new 2-year high.

The Peoples Bank of China (PBOC) Friday cut the five-year loan prime rate, a reference for home mortgages, by -15 bp to 4.45%, a larger cut than expectations of -10 bp.  The lower borrowing costs may spur economic growth that is positive for energy demand in China, the world's second-largest crude consumer.

Increased crude demand in India, the world's third-largest crude consumer, is bullish for prices.  Data from India's oil ministry Friday showed India Apr crude i... Read more

  • Crude Gains on Energy Demand Optimism

    June WTI crude oil (CLM22 ) this morning is up +0.74 (+0.66%), and June RBOB gasoline (RBM22 ) is up +1.78 (+0.46%). June Nymex natural gas (NGM22 ) is...

  • They Are Buying as Biden is Selling Out

    U.S. oil is on sale to the world. Joe Biden has been selling out our Strategic Petroleum Reserve at a record pace and China and Europe are buying. U.S....

  • Eco News Doesn't Help Markets

    Yesterday the markets continued its downward trend. What will we see today with no economic news?

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