Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Less than $10/month! Screen on your Watchlists and Portfolios with Barchart Plus. FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or
Crude Oil WTI Nov '23 (CLX23)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYMEX]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Crude Oil WTI Futures Market News and Commentary

Crude Oil Rallies Ahead of Thursday's OPEC+ Meeting

January WTI crude oil (CLF24) on Wednesday closed up +1.45 (+1.90%), and Jan RBOB gasoline (RBF24) closed up +0.0547 (+2.49%).

Crude oil and gasoline prices Wednesday posted moderate gains, with crude climbing to a 1-week high and gasoline climbing to a 2-week high.  Crude has support on signs of U.S. economic strength after U.S. Q3 GDP expanded more than expected.  Also, short covering ahead of  Thursday's OPEC+ meeting is lifting crude prices.  Crude prices rallied Wednesday despite a stronger dollar and a bearish EIA inventory report.

Wednesday's global economic news was stronger than expected and bullish for energy demand and crude prices.  U.S. Q3 GDP was revised upward by +0.3 to +5.2% (q/q annualized), stronger than expectations of +5.0%.  Also, Eurozone Nov economic confidence rose +0.3 to a 4-month high of 93.8, stronger than expectations of 93.6.

A rift among OPEC+ members regarding crude production levels has delayed the group's monthly meeting until Thu... Read more

Contract Specifications

See More
Contract
Crude Oil West Texas Intermediate
Contract Size
1,000 U.S. barrels (42,000 gallons)
Tick Size
1 cent per barrel ($10.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) (RTH 8:00a.m. - 1:30p.m.) (Settles 1:30p.m.) CST
Exchange
NYMEX
Point Value
$1,000
Margin/Maintenance
$7,260/6,600
First Notice Date
10/24/23
Expiration Date
10/20/23 (expired)

Seasonal Chart

Crude Oil WTI Nov '23
Average Price Chart for 5 Prior Nov Contracts

Commitment of Traders Positions as of Nov 21, 2023

View Chart Details
Commercials - Long / Short
566,944 (-46,295)
796,953 (-63,048)
Non-Commercials - Long / Short
350,785 (-13,594)
143,461 (-5,184)
Producers - Long / Short
418,077 (-22,620)
318,182 (-49,016)
Swap Dealers - Long / Short
60,880 (+1,725)
390,784 (+11,368)
Managed Money - Long / Short
200,481 (-12,628)
115,552 (+2,006)
Other Reportables - Long / Short
150,304 (-966)
27,909 (-7,190)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
81.50 +8.90%
on 10/06/23
95.03 -6.61%
on 09/28/23
-0.91 (-1.01%)
since 09/20/23
3-Month
75.19 +18.03%
on 07/21/23
95.03 -6.61%
on 09/28/23
+13.59 (+18.08%)
since 07/20/23
52-Week
63.50 +39.76%
on 05/04/23
95.03 -6.61%
on 09/28/23
+13.51 (+17.96%)
since 10/20/22

More Crude Oil WTI Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Crude Oil Rallies Ahead of Thursday's OPEC+ Meeting

January WTI crude oil (CLF24 ) on Wednesday closed up +1.45 (+1.90%), and Jan RBOB gasoline (RBF24 ) closed up +0.0547 (+2.49%). Crude oil and gasoline prices Wednesday posted moderate gains, with crude...

Crude Advances Ahead of Thursday's OPEC+ Meeting

January WTI crude oil (CLF24 ) this morning is up +0.71 (+0.93%), and Jan RBOB gasoline (RBF24 ) is up +0.0105 (+0.48%). Crude oil and gasoline prices this morning are moderately higher. Crude has support...

What is Gasoline's Next Seasonal Move?

It's interesting to note the seasonal leader of the energy sector over the winter is not heating oil or natural gas, but RBOB gasoline.

Crude Prices Close Higher on Dollar Weakens and Energy Demand Optimism

January WTI crude oil (CLF24 ) on Tuesday closed up +1.55 (+2.07%), and Jan RBOB gasoline (RBF24 ) closed up +0.0472 (+2.20%). Crude oil and gasoline prices Tuesday closed moderately higher. Tuesday's...

Nat-Gas Prices Tumble as Warm U.S. Temps Stifle Heating Demand

December Nymex natural gas (NGZ23 ) on Tuesday closed down -0.088 (-3.15%). Nat-gas prices Tuesday extended Monday's losses to a 2-month nearest-futures low and settled sharply lower. Forecasts for warmer...

Will Early December Warmth Sink Natural Gas Prices After Dec'23 Contract Expiration?

Will a much warmer vs normal US pattern for early December bring selling now that expiration of Dec'23 options and futures are out of the way?

ETFs Offer Tax-Efficient Alternative to Mutual Funds

People often look for ways to save money and secure their financial future. One key aspect of this goal is minimizing unnecessary taxes. With a multitude of investment options available, it’s essential...

Crude Prices Gain on Dollar Weakness and Strong Economic News

January WTI crude oil (CLF24 ) this morning is up +1.93 (+2.58%), and Jan RBOB gasoline (RBF24 ) is up +0.0578 (+2.69%). Crude oil and gasoline prices this morning are moderately higher. Today's slump...

Oil Price: What Is the Long Term Outlook?

Crude oil prices have gone through dramatic swings in recent months due to demand worry and strong dollar. What is the long term outlook for oil? Below is our conversation with Bruce Liegel, a macro fund...

How the negative NAO will impact global winter weather

Jim's video shows the importance of the Northern Atlantic Oscillation Index, and what happens in certain markets when it goes negative

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.

Key Turning Points

3rd Resistance Point 92.69
2nd Resistance Point 91.74
1st Resistance Point 90.24
Last Price 88.75s
1st Support Level 87.79
2nd Support Level 86.84
3rd Support Level 85.34

See More

52-Week High 95.03
Last Price 88.75s
Fibonacci 61.8% 82.99
Fibonacci 50% 79.26
Fibonacci 38.2% 75.54
52-Week Low 63.50

See More

by Barchart
Solutions for Energy Professionals barchart.com/cmdty
Energy Data and Statistics
Explore Data
cmdtyView Pro for Commodity Professionals
Start Free Trial
We help Energy Professionals make better decisions
Learn Now
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar