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Crude Oil WTI Mini Nov '23 (QMX23)
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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 Tue, Feb 20th, 2024.
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 Prices Settle Lower on Equity Market Weakness

March WTI crude oil (CLH24) on Tuesday closed down -1.01 (-1.28%), and Mar RBOB gasoline (RBH24) closed down -5.86 (-2.51%).

Crude oil and gasoline prices on Tuesday gave up overnight gains and posted moderate losses.  Crude fell back from a 3-1/2 month high Tuesday as weakness in stocks undercut economic optimism and was negative for energy demand and crude prices.  Crude initially moved higher Tuesday after the dollar index dropped to a 2-week low.  Also, oil prices have support from concerns about the possible escalation of the Israel-Hamas war to Lebanon and attacks on commercial ships in the Red Sea by Yemen's Houthi rebels.

Weakness in the crude crack spread is bearish for oil prices as the crack spread Tuesday fell to a 5-week low.  The weaker crack spread discourages refiners from purchasing crude oil and refining it into gasoline and distillates.

Global economic news Tuesday was mixed for energy demand and crude prices.  On the negative side, U.S. Jan lead... Read more

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