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Crude Oil WTI May '26 (CLK26)

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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, Feb 4th, 2026.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Crude Oil WTI Historical Prices page.

Crude Oil WTI Futures Market News and Commentary

Crude Oil Surges on Concerns Over US-Iran Negotiations

March WTI crude oil (CLH26) on Wednesday closed up +1.93 (+3.05%), and March RBOB gasoline (RBH26) closed up +0.0673 (+3.55%).

Crude oil and gasoline prices rallied sharply on Wednesday, with gasoline climbing to a 2.5-month high.  Crude prices shook off early losses on Wednesday and surged on news that upcoming nuclear talks between the US and Iran have hit a snag, raising the risk of an escalation in tensions between the two countries.  Crude oil prices also garnered support on Wednesday from a bullish weekly  EIA report that showed crude supplies fell more than expected.

Crude prices surged on Wednesday after Axios reported that the US told Iran it would not agree to Iran's demands to change the location and format of talks scheduled for Friday.   The US insists the talks proceed in Turkey on Friday, but Iran wants them in Oman.  The development heightened expectations that the US could proceed with military strikes against Iran, which could disrupt key shipping lanes... Read more

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