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Crude Oil Brent May '26 (CBK26)

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Crude Oil Brent Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Crude Oil Brent prices and Crude Oil Brent futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Tue, Mar 10th, 2026.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Crude Oil Brent Historical Prices page.

Crude Oil Brent Futures Market News and Commentary

Crude Prices Plunge on Hopes for a Quick End to Iran War or at least a G-7 Oil Stockpile Release

April WTI crude oil (CLJ26) on Tuesday closed down -11.32 (-11.94%) at $83.45, and April RBOB gasoline (RBJ26) closed down -0.1681 (-5.99%).  April WTI crude oil on Monday rallied to a 3.75-year nearest-futures high of $119.48 but has since fallen back to the $83-per-barrel area.

Crude oil prices spiked higher to $119.48 on Monday after Israel, on Saturday, bombed 30 Iranian oil depots.  However, oil prices then fell sharply on Monday afternoon and into Tuesday after President Trump insisted the Iran war would be over soon, and as plans are being laid for a possible coordinated G-7 release of oil stockpiles.  Also, President Trump has raised the possibility of sanction waivers to allow the release of Russian oil in floating storage.

At a press conference Monday evening, President Trump was asked when the war would end, and he answered, “I think soon, very soon.”

G-7 finance ministers on Monday said, "We stand ready to take necessary measures, including to support t... Read more

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