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Crude Oil WTI Feb '33 (CLG33)

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Crude Oil WTI Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Crude Oil WTI prices and Crude Oil WTI futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Wed, Mar 11th, 2026.
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Crude Oil WTI Futures Market News and Commentary

Crude Prices Rally Despite IEA Stockpile Release

April WTI crude oil (CLJ26) is up +4.62 (+5.54%), and April RBOB gasoline (RBJ26) is up +0.14379 (+5.60%).  April WTI crude oil on Monday spiked up to a 3.75-year nearest-futures high of $119.48 but has since fallen back to the $87-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 emerged to release emergency oil stockpiles.  

In fact, IEA members today agreed to release 400 million barrels from strategic oil reserves.  French President Macron said the details of the release will be worked out in the coming days.

However, oil prices are higher today as the Iran war drags on, with three vessels hit by missiles today in the Strait of Hormuz and the Persian Gulf, and new missile volleys hitting Israel.  

The Strait of Hormuz remains esse... Read more

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