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Crude Oil WTI Jun '28 (CLM28)

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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, Jun 8th, 2026.
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Crude Oil WTI Futures Market News and Commentary

Iran Peace Hopes and Weak China Oil Demand Hammers Crude Prices

July WTI crude oil (CLN26) on Friday closed down -2.50 (-2.69%), and July RBOB gasoline (RBN26) closed up +0.0076 (+0.25%).

Crude oil prices settled sharply lower on Friday amid hopes of a US-Iran peace settlement that would allow the reopening of the Strait of Hormuz.  Also, Friday's rally in the dollar index ($DXY) to a 1.75-month high weighed on crude prices. 

Crude oil prices fell sharply on Friday even as the US and Iran have made little progress in talks over an interim peace deal, with clashes between Israel and Hezbollah militants ongoing in Lebanon.  Iran insists on a ceasefire in Lebanon before accepting a US deal to extend the truce and reopen the Strait of Hormuz.  President Trump said Thursday that negotiations with Iran are in the "final" stages without elaborating.  In contrast, Iran's Foreign Minister Abbas Araghchi earlier said there had been "no tangible progress" even though both sides continue to exchange messages via mediators.

Weakness in Chin... Read more

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July WTI crude oil (CLN26 ) today is down -1.86 (-2.00%), and July RBOB gasoline (RBN26 ) is up +0.0202 (+0.66%). Crude oil prices are under pressure today,...

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