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Crude Oil WTI Dec '28 (CLZ28)

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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, Aug 6th, 2026.
Latest price quotes as of [[ snapshotDate ]].
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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.

Abbott Stock: Is Wall Street Bullish or Bearish?

Abbott has lagged behind the broader market over the past year, yet analysts remain highly bullish about the stock’s prospects.

Are Wall Street Analysts Predicting Applied Materials Stock Will Climb or Sink?

Applied Materials has significantly outperformed the broader market over the past year, and analysts are highly optimistic about the stock’s prospects....

Are Wall Street Analysts Bullish on Block Stock?

Although Block has underperformed the broader market over the past year, Wall Street analysts maintain a strongly optimistic outlook about the stock’s...

Billionaire Mark Cuban Says This Software Will Be 'The Next Great AI Application'

Here’s why Cuban says a job simulator will be a game-changer for employers in the future.

Options Traders: Xcel Energy (XEL) Stock Just Might Offer Robust Positive Expectancy

While a debit spread on XEL stock is a risky proposition, the derivative may be wildly underpriced.

SHAK Stock Is in Focus as Starboard Value Discloses Stake in Shake Shack

Shake Shack stock rallies as activist investor Starboard reveals a sizable stake. Strong Q2 earnings also contributed to SHAK shares’ surge on Wednesday....

Soybeans Starting Off Thursday with Slight Losses

Soybeans are trading 1 to 2 cents lower early on Thursday morning, with August up 2 cents. Futures saw losses of 2 to 3 ½ cents across most contracts...

Cattle Bulls Look to Extend Gains to Thursday

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...

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