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Crude Oil WTI Aug '28 (CLQ28)

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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 Thu, Feb 19th, 2026.
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Crude Oil WTI Futures Market News and Commentary

Crude Oil Prices Jump on Heightened Geopolitical Risks and Falling US Supplies

March WTI crude oil (CLH26) today is up +1.58 (+2.42%), and March RBOB gasoline (RBH26) is up +0.0311 (+1.58%).

Crude oil and gasoline prices added to Wednesday’s sharp rally today, with crude climbing to a 6.5-month high and gasoline posting a 1-week high.

Mounting geopolitical risks in the Middle East are pushing crude prices sharply higher.   The United Nations nuclear watchdog said today that the US military buildup in the Middle East means Iran’s window to reach a diplomatic agreement over its nuclear activities is at risk of closing.  President Trump said today that Iran is a “hot spot” right now and that the next 10 days will tell whether there will be a deal with Iran.  Crude prices added to their gains today after weekly EIA inventories unexpectedly fell.

Crude prices also have support from Wednesday’s report from Axios that said there’s no evidence of a diplomatic breakthrough with Iran on a nuclear deal, and any military operation against Iran would like... Read more

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