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Crude Oil WTI Oct '27 (CLV27)

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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 Wed, Aug 5th, 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

Progress Toward Reopening the Strait of Hormuz Weighs on Oil Prices

September WTI crude oil (CLU26) closed down -0.55 (-0.73%) on Wednesday, and September RBOB gasoline (RBU26) closed down -0.0134 (-0.47%).

Crude oil and gasoline prices added to this week's sharp losses on Wednesday, with crude falling to a 3-week low and gasoline dropping to a 4.75-month nearest-futures low.  Growing optimism that the US and Iran are nearing a deal to reopen the Strait of Hormuz is pushing crude oil prices lower.  Crude prices were also pressured on Wednesday after weekly EIA crude inventories unexpectedly increased. 

Crude prices fell on Wednesday after the AP reported that Iranian and Omani negotiators have finalized a draft deal to reopen the Strait of Hormuz and are awaiting final approval from Iran's supreme leader.  Separately, Axios reported that the US, Iran and Oman were nearing an interim 60-day accord to reopen the waterway that would involve no tolls or fees, with inbound vessels using a northern lane and outbound traffic a southern one.  Read more

Petroleum oil and gas process offshore field by Saknarong Butsabong via Shutterstock
Progress Toward Reopening the Strait of Hormuz Weighs on Oil Prices

September WTI crude oil (CLU26 ) closed down -0.55 (-0.73%) on Wednesday, and September RBOB gasoline (RBU26 ) closed down -0.0134 (-0.47%). Crude oil...

Gas flame with blue reflection on dark backdrop by Bellanatella via iStock
Nat-Gas Prices Edge Higher on Warmer US Weather Forecasts

September Nymex natural gas (NGU26 ) closed up +0.006 (+0.22%) on Wednesday. Nat-gas prices settled slightly higher on Wednesday amid forecasts for warmer...

An oil tanker out at sea by Gerhard Traschutz via Pixabay
Crude Prices Pressured by Growing Optimism the Strait of Hormuz to Soon Reopen

September WTI crude oil (CLU26 ) is down -0.61 (-0.81%) today, and September RBOB gasoline (RBU26 ) is up +0.0130 (+0.46%). Crude oil and gasoline prices...

A close-up of the Lockheed F-104 Starfighter by Emine Kamaci via Shutterstock
A NASA And Lockheed Martin Inventor Is Now Building Hydrogen Power Units In Florida

VIVIFY Technology, a private South Florida hydrogen company, has recruited a former Lockheed Martin Inventor of the Year, Buddy Paul, to build its 1MW...

An oil tanker out at sea by Gerhard Traschutz via Pixabay
Oil Edges Up as Red Sea Shipping Threats Return

Crude is bouncing this morning after Houthi rebels made fresh threats against Saudi oil shipping in the Red Sea, undoing some of yesterday's progress on...

Williams Companies on the screen of an exchange_ By maurice norbert
Williams Companies Stock: Is Wall Street Bullish or Bearish?

Williams Companies has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.

Corn Extends Weakness to Wednesday

Corn futures closed down a penny to 5 ¾ cents across most contracts at the Wednesday close, as pressure continues. The front months took the brunt of...

Soybeans Bounce Off Intraday Weakness, Still Close with Losses

Soybeans saw losses of 2 to 3 ½ cents across most contracts on Wednesday, with deferreds fractionally mixed. The cmdtyView national average Cash Bean...

Cattle Rally on Wednesday

Live cattle futures posted gains of 42 cents to $2.22 across the board on Wednesday. Cash trade has been quiet so far this week following the $232-235...

Winter Wheat Holds onto Gains into the Close, as Spring Wheat Slides

The wheat complex saw mixed trade into the Wednesday close. Chicago SRW contracts were 3 3/4 to 10 cents higher to close out the midweek session. KC HRW...

Cattle Rally on Wednesday

Live cattle futures posted gains of 42 cents to $2.22 across the board on Wednesday. Cash trade has been quiet so far this week following the $232-235...

Winter Wheat Holds onto Gains into the Close, as Spring Wheat Slides

The wheat complex saw mixed trade into the Wednesday close. Chicago SRW contracts were 3 3/4 to 10 cents higher to close out the midweek session. KC HRW...

Soybeans Bounce Off Intraday Weakness, Still Close with Losses

Soybeans saw losses of 2 to 3 ½ cents across most contracts on Wednesday, with deferreds fractionally mixed. The cmdtyView national average Cash Bean...

Corn Extends Weakness to Wednesday

Corn futures closed down a penny to 5 ¾ cents across most contracts at the Wednesday close, as pressure continues. The front months took the brunt of...

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