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Crude Oil WTI May '24 (CLK24)

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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, Mar 4th, 2026.
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 Oil Prices Pressured by Bearish EIA Inventory Report

April WTI crude oil (CLJ26) today is down -0.55 (-0.74%), and April RBOB gasoline (RBJ26) is up +0.0172 (+0.70%).

Crude oil and gasoline prices are mixed today, with gasoline posting a 19.5-month high.  Energy prices have been volatile today, whipsawed by headlines.  Crude prices initially tumbled today on a NY Times report that said Iranian operatives made an offer to the US to discuss terms for ending the conflict.  However, prices shot higher after Iran denied the report.  Crude prices then fell back on a bearish weekly EIA inventory report.

Crude has some negative carryover from Tuesday, when President Trump said the US will ensure the free flow of energy through the Strait of Hormuz with insurance guarantees and even naval escorts.    

The closure of the Strait of Hormuz is bullish for energy prices.  Iran’s Islamic Revolutionary Guard Corps said that “we will set fire to any ship attempting to pass through” the strait, which runs along Iran’s coast and handle... Read more

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