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Crude Oil WTI Mini Aug '24 (QMQ24)

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Crude Oil WTI Mini Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Crude Oil WTI Mini prices and Crude Oil WTI Mini futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Thu, Dec 18th, 2025.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Crude Oil WTI Mini Historical Prices page.

Crude Oil WTI Mini Futures Market News and Commentary

Crude Oil Prices Supported by Geopolitical Tensions

January WTI crude oil (CLF26) on Thursday closed up +0.21 (+0.38%), and January RBOB gasoline (RBF26) closed up +0.0070 (+0.41%).

Crude oil and gasoline prices settled higher on Thursday amid heightened geopolitical risks in Venezuela and Russia.  Also, Thursday's sharp rally in stocks boosted optimism about the economic outlook, which is supportive of energy demand.  Gains in crude were limited due to a stronger dollar and a bearish global supply outlook.

Escalation of global geopolitical tensions is supportive for crude prices.  President Trump late Tuesday night ordered a "total and complete blockade of all sanctioned oil tankers" going into and leaving Venezuela.  Also, the US is considering ratcheting up sanctions on Russian energy exports and targeting Russia's shadow fleet of oil tankers and traders who facilitate its exports if President Putin rejects a proposed peace agreement with Ukraine.

On Tuesday, crude oil and gasoline prices slumped to 4.75-year nea... Read more

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