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Crude Oil WTI May '27 (CLK27)

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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.
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Crude Oil WTI Futures Market News and Commentary

Possible US-Iran Ceasefire Extension Knocks Crude Prices Lower

May WTI crude oil (CLK26) on Wednesday closed down -0.05 (-0.05%), and May RBOB gasoline (RBK26) closed up +0.0297 (+0.98%).  Crude oil and gasoline prices settled mixed on Wednesday, with crude falling to a 3-week low.  

Crude prices came under pressure on Wednesday after the AP reported that the US and Iran had reached an “in principle agreement” to extend the ceasefire to allow more time for diplomacy.  The US and Iran are considering extending their ceasefire, which ends on Tuesday, by another two weeks to allow more time to negotiate a peace agreement.  Losses in crude were limited on Wednesday after weekly EIA crude inventories unexpectedly declined.

Persian Gulf oil producers have been forced to cut production by roughly 6% due to the closure of the Strait of Hormuz as local storage facilities reach capacity.  On Monday, the US began a blockade of all vessels passing through the Strait of Hormuz that call at Iranian ports or are headed there.  The blockade could e... Read more

Filling a vehicle with Biofuel by Scharfsinn via Shutterstock
Possible US-Iran Ceasefire Extension Knocks Crude Prices Lower

May WTI crude oil (CLK26 ) on Wednesday closed down -0.05 (-0.05%), and May RBOB gasoline (RBK26 ) closed up +0.0297 (+0.98%). Crude oil and gasoline...

Natural gas burners stove by Yori Meirizan via iStock
Oversold Conditions Spark Short Covering in Nat-Gas Prices

May Nymex natural gas (NGK26 ) on Wednesday closed up +0.011 (+0.42%). Nat-gas prices posted modest gains on Wednesday, as the selloff over the past month...

Nuclear energy powering AI data centers via Shutterstock AI
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Tornado by Thomas Trott via iStock
What a New Generation of Traders in Commodities Might Mean For Markets

A recent story in Barrons talked about how the predictive market site Kalshi was adding new commodities for "trading"; commodities like Natural Gas and...

Petroleum oil and gas process offshore field by Saknarong Butsabong via Shutterstock
Crude Prices Gain on Tighter Global Oil Supplies

May WTI crude oil (CLK26 ) today is up +1.22 (+1.34%), and May RBOB gasoline (RBK26 ) is up +0.0446 (+1.47%). Crude oil and gasoline prices recovered...

Gold bars in a row by andriano_cz via iStock
All Talk, No Peace - Implications for Gold Investors

Words vs. Reality - which one will win?

What to Expect From Wynn Resorts' Q1 2026 Earnings Report

Wynn Resorts will release its first-quarter earnings next month, and analysts anticipate a low double-digit bottom-line growth.

What You Need To Know Ahead of DoorDash's Earnings Release

DoorDash is expected to unveil its first-quarter results next month, and analysts are projecting a single-digit decline in profit.

Here's What to Expect From Jacobs Solutions' Next Earnings Report

Jacobs Solutions will release its second-quarter earnings next month, and analysts anticipate a double-digit bottom-line growth.

Earnings Preview: What to Expect From Corpay's Report

Corpay will release its first-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.

Expeditors International's Q1 2026 Earnings: What to Expect

Expeditors International will release its first-quarter earnings next month, and analysts anticipate a low double-digit profit dip.

Super Micro Computer's Quarterly Earnings Preview: What You Need to Know

Super Micro Computer is set to report its fiscal third-quarter earnings soon, and analysts project a robust triple-digit profit increase.

2 Undervalued AI Stocks That Could Skyrocket Soon

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Bull Call Spread Screener Results For April 16th

A bull call spread is an options strategy that a trader uses when they believe the price of an underlying stock will move higher in the short term.

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