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Crude Oil WTI ICE Dec '21 (WIZ21)

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Crude Oil WTI ICE Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Crude Oil WTI ICE prices and Crude Oil WTI ICE futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Sun, Sep 26th, 2021.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Crude Oil WTI ICE Historical Prices page.

Crude Oil WTI ICE Futures Market News and Commentary

Crude Oil Posts Moderate Gains as Global Supplies Tighten

November WTI crude oil (CLX21) on Friday closed up +0.68 (+0.93%), and November RBOB gasoline (RBX21) closed up +0.0116 (+0.55%).

Nov WTI crude oil and Nov RBOB gasoline prices on Friday closed moderately higher,  with crude at a new 1-1/2 month high and gasoline at a 1-week high.  Concern about tighter global crude supplies is underpinning prices.  Gains in energy crude prices were contained Friday due to strength in the dollar.

A slow return of U.S. crude production in the Gulf of Mexico is supportive of prices.  As of Thursday afternoon, 294,414 bpd (16.2%) of U.S. crude production in the Gulf of Mexico was still offline from Hurricane Ida.  The resumption of U.S. Gulf crude production was delayed by last week's landfall of Tropical Storm Nicholas.  Meanwhile, Royal Dutch Shell said that its crude oil and nat-gas platforms in the Gulf of Mexico received more damage from Hurricane Ida than initially suspected.

Concern about tighter global crude supplies is bullis... Read more

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