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Crude Oil WTI Jul '22 (CLN22)

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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 Tue, Feb 10th, 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 Prices Jump as US Advises Ships to Avoid Iran

March WTI crude oil (CLH26) on Monday closed up +0.81 (+1.27%), and March RBOB gasoline (RBH26) closed up +0.0323 (+1.65%).

Crude oil and gasoline prices settled sharply higher on Monday, with gasoline posting a 2.5-month high.  Monday's slump in the dollar index ($DXY) to a 1-month low was bullish for energy prices.  Gains in crude oil accelerated on Monday after the US advised ships to steer clear of the Strait of Hormuz, boosting the risk premium for crude prices.

Concerns over an escalation of geopolitical risk in the Middle East have added a risk premium to crude oil, supporting prices.  The US Department of Transportation on Monday issued a maritime advisory stating that American-flagged ships should stay as far as possible from Iranian waters when navigating the Strait of Hormuz.  There are fears that if negotiations between Iran and the US fail to come to an agreement on Iran ending its enrichment of nuclear fuel, the US could proceed with military strikes agains... Read more

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