Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Stocks | Futures | Watchlist | More
or

Crude Oil WTI Sep '19 (CLU19)

Get Barchart Premier
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYMEX]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Crude Oil WTI Futures Market News and Commentary

Energy Complex Climbs as Trade Tensions Ease

Sep WTI crude oil (CLU19) this morning is up by +0.12 (+0.22%), Oct Brent crude oil (CBV19) is up by +0.24 (+0.41%), and Sep RBOB gasoline (RBU19) is up by +0.0064 (+0.39%). The energy complex is higher today on an easing of trade tensions after President Trump late Thursday said he had a call scheduled "very soon" with Chinese President Xi Jinping on trade. Gains in the energy complex were limited after the dollar index rose to a 2-week high today. Crude prices also fell back from their best levels after OPEC today in its monthly report said global oil markets face a "somewhat bearish" outlook for the rest of the year amid slowing economic growth and the lingering trade war. Another bearish factor for crude is stronger-than-expected Russian crude output after Interfax reported today that Russian crude production during Aug 1-15 was 11.32 million bpd, above the 11.19 million bpd level Russia agreed to with OPEC. Today's U.S. economic data was mixed for crude prices. On the negative side, July housing starts unexpectedly fell -4.0% to a 5-month low of 1.191 million, weaker than expectations of +0.2% to 1.256 million. Also, the preliminary-Aug University of Michigan U.S. consumer sentiment index fell sharply by -6.3 points to a 7-month low of 92.1, weaker than expectations of -1.4 to 97.0. On the positive side, July building permits, a proxy for future construction, rose +8.4% to a 7-month high of 1.336 million, stronger than expectations of +3.1% to 1.270 million. Crude oil prices have underlying support from last week's news that Saudi Arabia plans to curb its crude exports. The state-run Saudi Arabia Oil company, Aramco, said last Thursday that it will cut its allocations to customers in September by 700,000 bpd to keep Saudi oil exports below 7.0 million bpd. Wednesday's EIA data showed that U.S. crude oil inventories as of Aug 9 were +3.4% above the seasonal 5-year average, gasoline inventories were +3.6% above the 5-year average, and distillate inventories were -3.1% below the 5-year average. U.S. crude production was unchanged at 12.3 million bpd in the week of Aug 9, which was just slightly below May's record high of 12.4 million bpd.

Contract Specifications

See More
Contract
Crude Oil West Texas Intermediate
Contract Size
1,000 U.S. barrels (42,000 gallons)
Tick Size
1 cent per barrel ($10.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) (RTH 8:00a.m. - 1:30p.m.) (Settles 1:30p.m.) CST
Exchange
NYMEX
Point Value
$1,000
Margin/Maintenance
$4,015/3,650
First Notice Date
08/22/19 (4 days)
Expiration Date
08/20/19 (2 days)

Seasonal Chart

Crude Oil WTI Sep '19
Average Price Chart for 5 Prior Sep Contracts

Commitment of Traders Positions as of Aug 13, 2019

View Chart Details
Commercials - Long / Short
715,157 (-45,637)
1,086,691 (-48,192)
Non-Commercials - Long / Short
547,040 (+6,116)
164,896 (-387)
Producers - Long / Short
403,077 (-40,596)
382,808 (-27,413)
Swap Dealers - Long / Short
138,885 (+5,347)
530,688 (-10,391)
Managed Money - Long / Short
277,969 (+13,033)
67,580 (-18,707)
Other Reportables - Long / Short
269,071 (-6,917)
97,316 (+18,320)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
50.52 +8.61%
on 08/07/19
58.82 -6.72%
on 07/31/19
-2.87 (-4.97%)
since 07/16/19
3-Month
50.52 +8.61%
on 08/07/19
64.02 -14.29%
on 05/20/19
-8.32 (-13.17%)
since 05/16/19
52-Week
44.66 +22.86%
on 12/26/18
74.44 -26.29%
on 10/03/18
-7.39 (-11.87%)
since 08/16/18

More Crude Oil WTI Quotes

All Futures
Please wait...

Most Recent Stories

More News
Natural Gas Charts Showing Planetary Angle Lines, Time Cycles & Price Targets

Below is a daily Decembernatural gas chart showing planetary angle lines. I used a price per degree of .0082. Saturn is support at 2.366. Neptune crosses at 2.855 and is resistance. Uranus crosses at3.233...

Energy Complex Closes Higher as Trade Tensions Ease

Sep WTI crude oil (CLU19) on Friday closed up by +0.40 (+0.73%), Oct Brent crude oil (CBV19) closed up by +0.41 (+0.70%), and Sep RBOB gasoline (RBU19) closed up by +0.0204 (+1.25%). The energy complex...

Natural Gas Closes Lower on Forecasts for Cooler U.S. Temps in Late-August

Sep Nymex natural gas (NGU19) on Friday closed down by -0.032 (-1.43%). Nat-gas prices moved lower Friday on forecasts for above-normal temperatures in the U.S. to retreat. Maxar on Friday forecast that...

Midday Market Minute

Stocks are looking to end the week on a strong note. Gold is holding ground and Crude is consolidating as October is now front month. Lets take a look at the catalyst and levels to trade for the ES, NQ,...

Today's Stock, Metal, and Energy Forecasts, Aug 16 2019

Take a look at today's market summary!

Energy Complex Climbs as Trade Tensions Ease

Sep WTI crude oil (CLU19) this morning is up by +0.12 (+0.22%), Oct Brent crude oil (CBV19) is up by +0.24 (+0.41%), and Sep RBOB gasoline (RBU19) is up by +0.0064 (+0.39%). The energy complex is higher...

Natural Gas Slips on Forecasts for Cooler U.S. Temps in Late-August

Sep Nymex natural gas (NGU19) this morning is down by -0.045 (-2.02%). Nat-gas prices are weaker this morning on forecasts for above-normal temperatures in the U.S. to retreat. Maxar today forecast that...

Morning Express - Blue Line Futures

ES, NQ, Crude, Gold. Actionable research out early each morning to brokerage clients with full technicals.

Un-invited. The Energy Report 08/16/19

The Yield curve un-inverted and with strong U.S. economic data, oil and oil products are making a strong comeback. Oil, instead of worrying about a recession [...]

WTI crude oil, uptrend continuation to 56.35 while market trading above 54.90

The uptrend may be expected to continue, while pair is trading above support level 54.90, which will be followed by reaching resistance level 56.35

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 40% Sell with a Average short term outlook on maintaining the current direction.

Longer term, the trend strength is Soft. Long term indicators fully support a continuation of the trend.

See More Share

Key Turning Points

2nd Resistance Point 56.34
1st Resistance Point 55.61
Last Price 54.87s
1st Support Level 54.20
2nd Support Level 53.52

See More

52-Week High 74.44
Fibonacci 61.8% 63.06
Fibonacci 50% 59.55
Fibonacci 38.2% 56.04
Last Price 54.87s
52-Week Low 44.66

See More

InsideFutures Commentary

InsideFutures is a twice weekly newsletter that features a selection of the latest and best commodities commentary appearing on Barchart.com. Delivered every Wednesday and Friday morning to your inbox.

Want to use this as
your default charts setting?
Learn about our Custom Templates
Switch the Market flag
above for targeted data.
Open the menu and switch the
Market flag for targeted data.
Get Streaming Chart Updates
Switch your Site Preferences
to Interactive Chart
Read About Upcoming
Changes to This Feature
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar